Dangote Cement Reports 165% Surge in EPS, Strengthens Market Leadership Across Africa

Dangote Cement Plc, Africa’s leading cement producer, has reported outstanding financial results for the nine months ended September 30, 2025,

According to the company’s unaudited financial statements, Group revenue rose by 23.2% to ₦3,154.8 billion, compared to ₦2,560.6 billion in the same period of 2024. Group EBITDA increased by 57.7%, from ₦908.7 billion to ₦1,428.2 billion, while profit after tax (PAT) surged 166.3%, reaching ₦743.3 billion, up from ₦279.1 billion last year.

The company attributed the impressive results to strong market demand, improved efficiency, and strategic capacity expansion. A key highlight during the period was the commissioning of a new 3 million tonnes per annum (Mta) grinding plant in Côte d’Ivoire, which raised Dangote Cement’s total installed capacity to 55Mta across Africa.

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 major milestone in our growth journey. It strengthens our position as Africa’s leading cement producer and underscores our commitment to regional self-reliance.”

Pathak credited the revenue growth to proactive management strategies, resilient consumer demand, and an improved energy mix in Nigeria, which helped reduce production costs. Exports from Nigeria increased by 23%, supported by 27 clinker shipments to Ghana and Cameroon.

He also highlighted the company’s ongoing sustainability initiatives, including the phased deployment of 1,600 CNG-powered trucks to reduce logistics costs and carbon emissions. Additionally, progress continues on the Itori Integrated Plant, which will further expand domestic capacity and unlock new export opportunities.

“Our focus remains on sustaining earnings momentum, enhancing operational efficiency, and executing our long-term growth strategy. With a strong balance sheet and clear strategic direction, Dangote Cement is well-positioned to continue delivering superior value to stakeholders,” Pathak added.

Earlier in the year, for the six months ended June 30, 2025, the company achieved record financial performance with revenue up 17.7% to ₦2,071.6 billion, the highest in its history. Group EBITDA rose 41.8% to ₦944.9 billion, while profit before tax increased 149% to ₦730 billion, and PAT surged 174.1% to ₦520.5 billion.

Dangote Cement remains Africa’s largest cement manufacturer, with a fully integrated quarry-to-customer model and a production capacity of 35.25Mta in Nigeria alone. Its key plants include:

• Obajana Plant, Kogi State: 16.25Mta (five lines)

• Ibese Plant, Ogun State: 12Mta (four lines)

• Gboko Plant, Benue State: 4Mta

• Okpella Plant, Edo State: 3Mta

Through strategic investments, the company has eliminated Nigeria’s dependence on imported cement, transforming the nation into a net exporter of cement and clinker.

Beyond Nigeria, Dangote Cement has operational footprints in Cameroon, Congo, Ghana, Ethiopia, Senegal, Sierra Leone, South Africa, Tanzania, Zambia, and Côte d’Ivoire, consolidating its dominance in the African cement market.

With this performance, Dangote Cement continues to reinforce its reputation as a pan-African leader in cement production, driving industrial growth, job creation, and economic resilience across the continent.