Dangote Cement Reports 165% Profit Surge, Expands Footprint to 55Mta
By Patience Ikpeme
Dangote Cement Plc has released its financial results for the nine months ended September 30, 2025, recording a substantial surge in profitability driven by operational efficiency and strategic expansion across Africa.
The cement giant announced a remarkable 164.8 per cent increase in Earnings Per Share (EPS), which rose to N43.80 from N16.55 recorded in the same period of 2024.
Group revenue climbed by 23.2 per cent, reaching N3,154.8 billion compared to N2,560.6 billion in the previous year. Similarly, Profit After Tax (PAT) soared by 166.3 per cent, from N279.1 billion to N743.3 billion, while Group EBITDA grew by 57.7 per cent to N1,428.2 billion.
A major contributor to this financial performance was the commissioning of a new 3 million tonnes per annum (Mta) grinding plant in Côte d’Ivoire. This strategic addition expanded Dangote Cement’s total installed capacity to 55Mta across Africa, cementing its position as the continent’s largest cement producer.
Commenting on the results, Arvind Pathak, Chief Executive Officer of Dangote Cement, praised the significance of the expansion.
“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 supports regional self-reliance,” Pathak stated.
Mr. Pathak attributed the robust revenue growth to proactive management strategies and resilient market demand. He noted the success of efficiency programs and disciplined cost management, particularly in Nigeria, where a more favorable energy mix helped reduce cash costs.
The company also saw exports from Nigeria increase by 23 per cent, driven by 27 clinker shipments to Ghana and Cameroon.
The CEO also detailed the company’s ongoing sustainability initiatives, which include the phased deployment of 1,600 CNG-powered trucks aimed at reducing logistics costs and carbon emissions. Progress on the Itori Integrated Plant is also underway, expected to boost domestic capacity and open new export opportunities.
Looking ahead, Mr. Pathak expressed confidence in sustaining the current trajectory. According to him, Pathak said: “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.”
Dangote Cement remains Africa’s largest cement producer, boasting a fully integrated quarry-to-customer model and a production capacity of 35.25Mta in Nigeria alone. The company’s strategic investments have transformed Nigeria into a net exporter of cement and clinker.
