Group revenue up 15.2% at ₦1,177.3B Nigeria EBITDA up 4.5% at ₦479.9B, despite heightened inflation Significant increase in energy and distribution cost Lagos, 28th October 2022: Dangote Cement PLC (DANGCEM-NL), Africa’s largest cement producer, announces unaudited results for the nine months ended 30th September 2022. Financial Highlights Group revenue up 15.2% to ₦1,177.3B Group […]
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Audited results for the year ended 31st December 2021 Another record result with double digit growth across board Robust profit after tax up 32.0% at ₦364.4B Proposed dividend of ₦20.00 per share CDP climate rating upgrade Lagos, 28th February 2022: Dangote Cement PLC (DANGCEM-NL), Africa’s largest cement producer, announces audited results for the financial year […]
Demand remains strong across our 10 countries of operation Profit after tax up 51.9% at ₦191.6B Lagos, 30th July 2021: Dangote Cement PLC (DANGCEM-NL), Africa’s largest cement producer, announces unaudited results for the six months ended 30th June 2021 Financial Highlights Group revenue up 44.8%, to ₦690.5B Group EBITDA up 61% to N351.1B; 50.8% margin […]
South Africa Operations Dangote Cement in South Africa Dangote Cement has entered into a joint venture with JSE-listed Sephaku Holdings to build and manage Sephaku Cement in South Africa. Dangote Cement owns 64% of the project, with Sephaku Holdings owning the remaining shares. Our premium quality cement is produced in three grades namely: Sephaku Cement’s […]
Cameroon Operations Dangote Cement in Cameroon In Cameroon, our 1.5Mta cement grinding facility, with a dedicated jetty for offloading clinker directly to the plant in Douala, opened in March 2015 as the first new entrant in Cameroon’s cement market in 40 years.Currently, we import clinker from third party suppliers. In time, we plan to import […]
Our History Dangote Cement is a subsidiary of Dangote Industries, which was founded by Aliko Dangote in 1981 as a trading business with an initial focus on importation of bagged cement and other commodities such as rice, sugar, flour and salt. Over time, the Group began to import bulk cement into the Apapa and Port […]
Operations Through our recent investment, Dangote Cement has eliminated Nigeria’s dependence on imported cement and has transformed the nation into a net exporter of cement, serving neighboring countries. An Emerging Force in Global Cement Production. Dangote Cement is Africa’s leading cement producer with operations in 10 African countries, and revenues in excess of US$3.5 billion […]
Performance sustained by strong demand coupled with cost saving measuresRobust profit after tax up 37.7% at ₦276.1BProposed dividend of ₦16.00 per share Lagos, 23rd March 2021: Dangote Cement PLC (DANGCEM-NL), Africa’s largest cement producer, announces audited results for the financial year ended 31st December 2020. Financial Highlights Group revenue up 16.0% to ₦1,034.2B Group EBITDA up […]