Dangote Cement Plc has posted impressive financial results for the nine months ended September 30, 2025, with earnings per share (EPS) rising sharply by 164.8 per cent from ₦16.55 to ₦43.80. This growth highlights the company’s solid operational efficiency and continued expansion drive across Africa.
According to the financial statement released by the company, group revenue rose by 23.2 per cent to ₦3,154.8 billion, up from ₦2,560.6 billion in the same period last year. Group EBITDA also increased by 57.7 per cent to ₦1,428.2 billion from ₦908.7 billion, while profit after tax surged by 166.3 per cent from ₦279.1 billion to ₦743.3 billion.
Okay News reports that this strong performance was largely supported by the commissioning of a new 3 million tonnes per annum (3Mta) grinding plant in Côte d’Ivoire, which brought Dangote Cement’s total installed capacity to 55Mta across the continent. The development further cements the company’s dominance in Africa’s cement industry and promotes regional self-sufficiency.
Commenting on the results, the Chief Executive Officer of Dangote Cement, Arvind Pathak, said:
“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.”
Pathak explained that the increase in revenue and profit was driven by effective management initiatives and robust demand in key markets. He also highlighted the success of cost optimization strategies in Nigeria, noting that an improved energy mix contributed to reduced cash costs.
He revealed that exports from Nigeria grew by 23 per cent, supported by 27 clinker shipments to Ghana and Cameroon, adding that the company remains focused on sustainability with the phased introduction of 1,600 compressed natural gas (CNG)-powered trucks to reduce carbon emissions and logistics costs.
“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,” Pathak added.
Earlier this year, for the six months ended June 30, 2025, the cement giant reported a 17.7 per cent rise in revenue to ₦2,071.6 billion — its highest on record. Group EBITDA grew by 41.8 per cent to ₦944.9 billion, while profit before tax surged by 149 per cent to ₦730 billion. Profit after tax also increased by 174.1 per cent to ₦520.5 billion during the same period.
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 plants include the Obajana Plant in Kogi State (16.25Mta across five lines), the Ibese Plant in Ogun State (12Mta across four lines), the Gboko Plant in Benue State (4Mta), and the Okpella Plant in Edo State (3Mta).
Through sustained investment and expansion, the company has eliminated Nigeria’s dependence on imported cement and transformed the country into a net exporter of cement and clinker.
The company also operates in several African countries, including Cameroon, Congo, Ghana, Ethiopia, Senegal, Sierra Leone, South Africa, Tanzania, Zambia, and Côte d’Ivoire.
