Dangote Cement Plc, Africa’s largest cement producer, reported strong earnings for the three months ended March 31, 2025.
Group revenue rose by 21.7 percent to ₦994.7 billion, driven by strategic pricing initiatives, particularly in Nigeria where revenue advanced by 53.7 percent.
Group EBITDA increased by 49.2 percent to ₦461.6 billion, resulting in a stronger EBITDA margin of 46.4 percent.
In Nigeria, EBITDA grew by 75.6 percent to ₦394.8 billion with margins improving from 49.7 percent to 56.7 percent.
Profit after tax surged by 85.7 percent to ₦209.2 billion while earnings per share rose by 84.0 percent to ₦12.29.
The group recorded a 6.7 percent decline in cement volumes to 6.6 million tonnes during the quarter due to softer demand and heightened inflationary pressures across key African markets.
However, export volumes from Nigeria increased by 21.2 percent to 320 thousand tonnes, supported by the dispatch of eight clinker shipments to Ghana and Cameroon.
The expansion of export capabilities aligns with Dangote Cement’s strategy to strengthen its pan-African trade footprint.
Arvind Pathak, Chief Executive Officer of Dangote Cement, said the company delivered a strong and resilient performance despite the challenging economic environment.
He noted that the improvements in profitability and margin strength were underpinned by cost containment efforts and strategic pricing across key markets.
On sustainability, The company increased the use of alternative fuels, expanded its waste heat recovery infrastructure and advanced its medium-term decarbonization roadmap.
Looking ahead, Dangote Cement remains focused on sustaining profitability, expanding its export presence and executing strategic long-term investments aimed at fueling growth and creating lasting value across its African operations.
