Dangote Cement’s Profit Soars 166% as Côte d’Ivoire Plant Pushes Capacity to 55Mta

 Lagos, Nigeria – 28 October 2025

Dangote Cement Plc has reported a record profit after tax of ₦743.3 billion for the nine months ended 30 September 2025 — a 166% rise compared to the same period last year — as Africa’s largest cement producer continues to benefit from improved efficiency, higher exports, and the commissioning of its new plant in Côte d’Ivoire.

Group revenue climbed 23.2% to ₦3.15 trillion, while EBITDA surged 57.2% to ₦1.43 trillion, reflecting stronger margins and disciplined cost management across the business. Earnings per share also jumped 165% to ₦43.8, driven by the robust bottom-line performance.

The results mark a significant milestone for the company, which recently commissioned a 3 million tonnes per annum (Mta) grinding plant in Côte d’Ivoire, bringing its total installed capacity across Africa to 55Mta.

Chief Executive Officer Arvind Pathak described the new plant as “a major step in Dangote Cement’s growth journey,” noting that it reinforces the group’s commitment to regional self-reliance and strengthens its leadership position on the continent.

“Our profit after tax has already surpassed our full-year 2024 performance by more than 47%,” Pathak said. “These strong results reflect the success of our efficiency programmes, cost discipline, and the benefits of a favourable energy mix in Nigeria.”

Despite a 2.1% dip in total group volumes to 20.2Mt, the company recorded a 23% increase in exports from Nigeria, shipping 27 clinker vessels to Ghana and Cameroon during the period. Dangote also expanded its use of Compressed Natural Gas (CNG) trucks, taking delivery of 1,600 new vehicles to reduce logistics costs and carbon emissions.

In Nigeria, revenue grew 42.4% to ₦2.18 trillion, while EBITDA jumped 85% to ₦1.29 trillion, pushing margins up to 59.2%. This strong domestic performance offset weaker output from the Pan-African segment, where volumes fell 5% to 7.9Mt due to political and liquidity challenges in Senegal, South Africa, and Ethiopia.

Dangote Cement’s performance comes amid improving economic conditions in Nigeria, with easing inflation, currency stability, and renewed investor confidence supporting demand recovery. The company said construction of its new Itori Integrated Plant in Ogun State was progressing well and expected to further boost capacity and export opportunities.

Looking ahead, Pathak said the company’s focus will remain on sustaining earnings momentum and executing its long-term growth strategy.

“With a clear strategic direction, disciplined execution, and a strong balance sheet, Dangote Cement is well-positioned to sustain its leadership and deliver superior value to all stakeholders,” he added.

Dangote Cement operates in 14 countries across Africa, with Nigeria accounting for over 35 million tonnes of its production capacity. The company’s plants in Obajana, Ibese, Gboko, and Okpella have made Nigeria self-sufficient in cement production and a net exporter to neighbouring countries.