Dangote Cement Plc, Africa’s largest cement producer, has unveiled a period of spectacular growth, reporting robust financial results for the nine months ended September 30, 2025.
The company announced a remarkable 164.8 per cent increase in Earnings Per Share (EPS), which surged from ₦16.55 to ₦43.80.
This rise is a clear indicator of the company’s strong operational performance and the success of its strategic expansion efforts across the continent.
The group's revenue climbed by a solid 23.2 per cent, reaching ₦3.1548 trillion, up from ₦2.5606 trillion recorded in the same period in 2024.
Profitability metrics also saw massive gains: Group EBITDA rose by 57.7 per cent to ₦1.4282 trillion, while Profit After Tax (PAT) dramatically surged by 166.3 per cent, moving from ₦}279.1 billion to ₦743.3 billion.
A major catalyst for this exceptional performance was the commissioning of a new 3Mta grinding plant in Côte d’Ivoire.
This strategic addition expanded Dangote Cement’s total installed capacity to an impressive 55Mta across Africa, reinforcing its leadership and underscoring a commitment to regional self-reliance in the cement industry.
Commenting on the results, Arvind Pathak, Chief Executive Officer of Dangote Cement, hailed the commissioning as a significant milestone, strengthening their position as Africa’s leading cement producer.
Pathak attributed the substantial revenue growth to proactive management strategies and sustained market demand, further stressing the success of efficiency programs and disciplined cost management in Nigeria.
In particular, a more favourable energy mix in the Nigerian operations helped to reduce cash costs, while exports from the country grew by 23 per cent, driven by 27 clinker shipments to Ghana and Cameroon.
The CEO also emphasised the company’s commitment to sustainability, noting the phased deployment of 1,600 CNG-powered trucks aimed at reducing both logistics costs and carbon emissions.
Progress on the Itori Integrated Plant is also underway, poised 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.”
He concluded that with a clear strategic direction and a robust balance sheet, the company is “well-positioned to continue delivering superior value to stakeholders.”
The nine-month figures build on an already historic first half of 2025, where Dangote Cement reported its highest-ever six-month revenue of ₦2.0716 trillion, with PAT soaring by 174.1 per cent to ₦520.5 billion.
With a fully integrated quarry-to-customer model and a production capacity of 35.25Mta in Nigeria alone, Dangote Cement operates facilities across multiple African nations, including Cameroon, Ghana, Ethiopia, Senegal, South Africa, and Zambia.
Strategic investments have effectively transformed Nigeria into a net exporter of cement and clinker, eliminating the country's reliance on imports.
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