Dangote Cement PLC has unveiled its audited financial results for the year ended December 31, 2025, showcasing robust growth despite a slight dip in production volumes. The company reported a 20.3% increase in group revenue to ₦4,306.7 billion, driven by strategic cost management and sustained demand across its markets.
Key financial metrics highlighted significant improvements in profitability. Group EBITDA rose 43.4% to ₦1,981.1 billion, achieving a margin of 46.0%. In Nigeria, EBITDA surged 62.2% to ₦1,763.5 billion with a 59.6% margin. Profit after tax more than doubled, up 101.7% to ₦1,014.9 billion, marking the first time the company has surpassed the ₦1 trillion threshold. Earnings per share climbed 101.3% to ₦59.86, while the proposed dividend increased 50% to ₦45 per share.
On the operational front, group volumes edged down 0.9% to 27.5 million tonnes. However, exports from Nigeria showed strength, with cement and clinker shipments up 18.6% to 1.4 million tonnes.
Arvind Pathak, Chief Executive Officer of Dangote Cement, described 2025 as a landmark year. “We delivered exceptional financial performance that underscores the strength of our business model and the effectiveness of our strategic initiatives,” Pathak said. He emphasized the company’s focus on margin discipline and cost efficiency, noting that profitability expanded despite the modest volume decline.
Pathak highlighted the export strategy’s success, which aligns with the vision of replacing costly intercontinental imports with competitive African production. The Apapa and Onne export terminals continue to play a pivotal role, with the company on track to reach 10 million tonnes of combined exports by 2030.
Plans to Fully Move to CNG Trucks
The firm acquired over 3,000 CNG trucks, the largest such fleet in Africa’s cement sector yielding more than 60% fuel savings compared to diesel.
The company plans to fully convert its logistics fleet to CNG by 2027, promising further margin enhancements, operational flexibility, and reduced environmental impact.
The company dispatched 34 ships of clinker to Ghana and Cameroon, underscoring its push to establish Nigeria as a regional export hub. Cost efficiencies were bolstered by the addition of 1,600 compressed natural gas (CNG) trucks, resulting in a notable reduction in Nigeria’s cash costs through a more favourable energy mix.
Looking forward, Pathak expressed confidence in Africa’s cement demand fundamentals. Upcoming projects include commissioning the 6Mta Itori plant and advancing expansions in Ethiopia, Cameroon, South Africa, Zambia, and Senegal. With improving macroeconomic conditions and benefits from the African Continental Free Trade Area, Dangote Cement anticipates continued strong performance and value creation for stakeholders.
