In the first nine months of 2025, the revenue generated by Dangote Cement Plc went up by 23.2 per cent to N3.155 trillion from N2.561 trillion in the same period of 2024.
This information was contained in the financial statements of the cement miller filed to the Nigerian Exchange (NGX) Limited.
The improved in earnings was attributed to proactive management strategies and resilient market demand, with exports from Nigeria rising by 23 per cent, driven by 27 clinker shipments to Ghana and Cameroon.
In the period under review, the company grew its EBITDA by 57.7 per cent to N1.428 trillion from N908.7 billion, and the profit after tax (PAT) surged by 166.3 per cent to N743.3 billion from N279.1 billion, with the earnings per share (EPS) expanding by 164.8 per cent to N43.80 from N16.55, reflecting strong operational performance and strategic expansion efforts.
EPS, a key indicator of profitability and shareholder value, continues to be a central metric in Dangote Cement’s financial reporting, reflecting the company’s commitment to delivering returns to investors.
A major contributor to this performance was the commissioning of a new 3Mta grinding plant in Côte d’Ivoire, which expanded Dangote Cement’s total installed capacity to 55Mta across Africa. This strategic move reinforces the company’s leadership in the continent’s cement industry and supports regional self-reliance.
“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,” the chief executive of Dangote Cement, Mr Arvind Pathak, commented.
“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,” he added.
Earlier in the year, for the six months ended June 30, 2025, Dangote Cement reported a 17.7 per cent increase in revenue to N2.072 trillion, the highest in its history. Group EBITDA rose by 41.8 per cent to N944.9 billion, while Nigeria operations saw an 82.4 per cent increase to N845.4 billion. Profits before tax jumped by 149 per cent to N730 billion, and PAT soared by 174.1 per cent to N520.5 billion.
Dangote Cement remains Africa’s largest cement producer, with a fully integrated quarry-to-customer model and a production capacity of 35.25Mta in Nigeria alone. Its 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 strategic investments, 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 across several African countries, including: Cameroon, Congo, Ghana, Ethiopia, Senegal, Sierra Leone, South Africa, Tanzania, Zambia and Côte d’Ivoire.