Dangote Cement Plc has announced robust financial results for the nine months ended September 30, 2025, recording a remarkable 164.8 per cent increase in earnings per share (EPS), which rose from N16.55 to N43.80.

This impressive growth reflects the company’s strong operational performance and strategic expansion across the continent.

Group revenue climbed by 23.2 per cent to N3,154.8 billion, compared to N2,560.6 billion in the same period of 2024.

The company also posted a 57.7 per cent rise in Group EBITDA, which grew from N908.7 billion to N1,428.2 billion. Profit after tax (PAT) surged by 166.3 per cent, from N279.1 billion to N743.3 billion.

EPS, a key indicator of profitability and shareholder value, continues to serve as a central measure in Dangote Cement’s financial reporting, underscoring the company’s commitment to delivering strong returns to investors.

A major contributor to this stellar performance was the commissioning of a new 3Mta grinding plant in Côte d’Ivoire, which expanded Dangote Cement’s total installed capacity to 55Mta across Africa.

This strategic development reinforces the company’s leadership in Africa’s cement industry and supports regional self-reliance.

Commenting on the results, Arvind Pathak, Chief Executive Officer of Dangote Cement, stated:“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 attributed the revenue growth to proactive management strategies and resilient market demand.

He highlighted the success of efficiency programmes and disciplined cost management, particularly in Nigeria, where a more favourable energy mix helped reduce cash costs. Exports from Nigeria increased by 23 per cent, driven by 27 clinker shipments to Ghana and Cameroon.

He also emphasised the company’s sustainability initiatives, including the phased deployment of 1,600 CNG-powered trucks aimed at cutting logistics costs and carbon emissions. Progress on the Itori Integrated Plant is also underway, expected to boost domestic capacity and create new export opportunities.

Pathak added: “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.”

Earlier in the year, for the six months ended June 30, 2025, Dangote Cement reported a 17.7 per cent increase in revenue to N2,071.6 billion, the highest in its history. Group EBITDA rose by 41.8 per cent to N944.9 billion, while Nigeria operations saw an 82.4 per cent increase to N845.4 billion. Profit before tax jumped by 149 per cent to N730 billion, and PAT soared by 174.1 per cent to N520.5 billion.

Dangote Cement remains Africa’s largest cement producer, operating a fully integrated quarry-to-customer model with a production capacity of 35.25Mta in Nigeria alone. Its major facilities include: Obajana Plant (Kogi State): 16.25Mta across five lines, Ibese Plant (Ogun State): 12Mta across four lines, Gboko Plant (Benue State): 4Mta
Okpella Plant (Edo State): 3Mta

Through strategic investments, the company has eliminated Nigeria’s dependence on imported cement and transformed the country into a net exporter of cement and clinker.

Dangote Cement also operates across several African countries, including Cameroon, Congo, Ghana, Ethiopia, Senegal, Sierra Leone, South Africa, Tanzania, Zambia, and Côte d’Ivoire.