Dangote Cement Plc has announced robust financial results for the nine months ended September 30, 2025, posting a remarkable 164.8 per cent increase in earnings per share (EPS) — from ₦16.55 to ₦43.80. This surge reflects the company’s strong operational performance and strategic expansion across Africa.
Group revenue rose by 23.2 per cent to ₦3,154.8 billion, compared to ₦2,560.6 billion in the same period of 2024. The company also recorded a 57.7 per cent rise in Group EBITDA, growing from ₦908.7 billion to ₦1,428.2 billion. Profit after tax (PAT) jumped 166.3 per cent, from ₦279.1 billion to ₦743.3 billion.
EPS, a key indicator of profitability and shareholder value, remains central to Dangote Cement’s reporting framework, underscoring its commitment to delivering strong returns to investors.
A major driver of this performance was the commissioning of a new 3Mta grinding plant in Côte d’Ivoire, expanding Dangote Cement’s total installed capacity to 55Mta across Africa. This milestone reinforces the company’s leadership in the continent’s cement industry and advances regional self-reliance.
Commenting on the results, Arvind Pathak, Chief Executive Officer of Dangote Cement, said:
“The commissioning of our 3Mta Côte d’Ivoire grinding plant marks a significant milestone in our growth journey. It strengthens our position as Africa’s leading cement producer and underscores our commitment to regional self-reliance.”
Pathak attributed the strong revenue growth to proactive management strategies and resilient market demand. He highlighted the impact of efficiency programmes and disciplined cost control—particularly in Nigeria, where an improved energy mix helped reduce cash costs. Exports from Nigeria increased by 23 per cent, driven by 27 clinker shipments to Ghana and Cameroon.
He also emphasized the company’s sustainability initiatives, including the phased deployment of 1,600 CNG-powered trucks aimed at cutting logistics costs and carbon emissions. Progress continues on the Itori Integrated Plant, which is expected to boost domestic capacity and open new export opportunities.
Looking ahead, Pathak stated:
“Our focus remains on sustaining earnings momentum, enhancing operational efficiency, and executing our long-term growth strategy. With a clear strategic direction and a strong balance sheet, Dangote Cement is well-positioned to continue delivering superior value to stakeholders.”
Earlier in the year, for the six months ended June 30, 2025, Dangote Cement reported a 17.7 per cent increase in revenue to ₦2,071.6 billion—the highest in its history. Group EBITDA rose 41.8 per cent to ₦944.9 billion, while profit before tax climbed 149 per cent to ₦730 billion, and PAT soared 174.1 per cent to ₦520.5 billion.
Dangote Cement remains Africa’s largest cement producer, operating a fully integrated quarry-to-customer model with a production capacity of 35.25Mta in Nigeria alone. Its Nigerian facilities include:
- Obajana Plant (Kogi State): 16.25Mta across five lines
- Ibese Plant (Ogun State): 12Mta across four lines
- Gboko Plant (Benue State): 4Mta
- Okpella Plant (Edo State): 3Mta
Through sustained investment, the company has eliminated Nigeria’s reliance on imported cement and transformed the country into a net exporter of cement and clinker.
Dangote Cement also operates in Cameroon, Congo, Ghana, Ethiopia, Senegal, Sierra Leone, South Africa, Tanzania, Zambia, and Côte d’Ivoire, further consolidating its leadership across Africa’s cement markets.
