Dangote Cement Profit Rises 31% to Record N974.8 Billion as Revenue Hits N3.77 Trillion

Dangote Cement Plc has reported a 31.2% enhance in revenue after tax to a report N974.8 billion for the 9 months ended September 30, 2026, in contrast with N743.3 billion recorded within the corresponding interval of 2025.

The cement producer disclosed this in its unaudited monetary outcomes launched on Wednesday, October 28, 2026, exhibiting that group income elevated by 19.6% to N3.77 trillion from N3.15 trillion a yr earlier.

Profit earlier than tax rose by 41.5% to N1.47 trillion, whereas earnings per share superior by 33.2% to N58.37 from N43.82.

The firm’s earnings earlier than curiosity, taxes, depreciation and amortisation (EBITDA) elevated by 23.7% to N1.77 trillion, with its EBITDA margin bettering to 46.8% from 45.3%.

Dangote Cement attributed the stronger monetary efficiency to increased gross sales volumes, improved operational effectivity, decrease financing prices and investments in various vitality.

Group cement and clinker gross sales volumes rose by 9.4% to 22.1 million tonnes, supported by progress in Nigerian operations and a restoration throughout its African markets.

Revenue from Nigeria elevated by 22.5% to N2.67 trillion, whereas home gross sales volumes climbed 6.4% to 14.1 million tonnes.

The firm’s Pan-African operations recorded a 14% enhance in gross sales volumes to 9.1 million tonnes, with income rising 12.6% to N1.19 trillion.

Exports of cement and clinker from Nigeria elevated by 41.8% to 1.5 million tonnes, supported by shipments to Ghana, Cameroon and Côte d’Ivoire.

Beyond income progress, Dangote Cement recorded a big enchancment in its monetary place.

Operating money circulation elevated by 41.5% to N1.83 trillion, enabling the corporate to scale back borrowings and transfer from a internet debt place of N682.9 billion on the finish of December 2025 to a internet money place of N51.1 billion by September 2026.

The firm additionally generated N1.26 trillion in free money circulation through the interval, in contrast with dividend funds of N753.8 billion.

Chief Executive Officer Arvind Pathak stated the outcomes mirrored stronger working efficiency, improved money era and progress within the firm’s debt discount technique.

Meanwhile, Dangote Cement confirmed that development of the primary part of its six-million-tonne-per-annum Itori cement plant was approaching completion.

The facility is anticipated to start contributing manufacturing volumes in 2027 as the corporate works in direction of its medium-term goal of 80 million tonnes in put in annual capability.

For the ultimate quarter of 2026, administration expects continued gross sales progress, supported by development demand, export exercise and improved manufacturing effectivity.