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- For the archetypal 3 months of 2025, Dangote Cement Plc recorded net aft taxes of N209.245 billion
- According to the company's Q1 unaudited figures, net per stock roseate from N6.68 successful 2024 to N12.29, an 84% rise
- Group income accrued by 21.7% to N994.659 arsenic a effect of terms increases successful a fewer nations that reflected the realities of inflation
Legit.ng writer Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.
Dangote Cement Plc reported N209.245 cardinal successful net aft taxes for the archetypal 3 months of the 2025 fiscal year, which concluded connected March 31.
Source: UGC
The company's Q1 unaudited report showed that net per stock accrued by 84.0% to N12.29 from N6.68 successful 2024, portion nett aft taxation accrued by 85.7% to N209.245 cardinal from N112.674 cardinal successful Q1, 2024.
Price hikes successful a fewer countries successful enactment with inflation realities caused radical income to emergence by 21.7% from N817.350 cardinal successful Q1 2024 to N994.659 cardinal successful Q1 2025. However, chiefly arsenic a effect of reduced income during the quarter, pan-African revenues fell 15.4% to N322.7 cardinal successful Q1 2025 from N381.3 cardinal successful the aforesaid play the erstwhile year.
Price hikes successful a fewer countries successful enactment with ostentation realities caused radical income to emergence by 21.7% from N817.350 cardinal successful Q1 2024 to N994.659 cardinal successful Q1 2025. However, chiefly arsenic a effect of reduced income during the quarter, pan-African revenues fell 15.4% to N322.7 cardinal successful Q1 2025 from N381.3 cardinal successful the aforesaid play the erstwhile year.
Speaking connected the Company’s performance, the main enforcement serviceman of Dangote Cement, Arvind Pathak said,
“The Company delivered a beardown and resilient show successful the archetypal 4th of 2025, contempt facing persistent macroeconomic challenges crossed our cardinal markets.“Group gross roseate by 21.7 per cent to N994.7 billion, supported by strategical pricing initiatives, peculiarly successful Nigeria wherever gross grew by 53.7 per cent. We besides achieved a notable betterment successful profitability. Group EBITDA grew by 49.2 per cent to N461.6 billion, with the EBITDA borderline strengthening to 46.4 per cent.”According to Pathak, this was chiefly supported by palmy cost-containment initiatives, peculiarly successful Nigeria, wherever EBITDA margins accrued dramatically from 49.7% to 56.7%.
He pointed retired that little request and accrued inflationary pressures successful large markets were the main causes of the 6.7% driblet successful radical volumes.
“Despite these headwinds, we continued to fortify our export capabilities. Notably, our export volumes grew by 21.2 per cent, with 8 clinker shipments to Ghana and Cameroon during the quarter.“This advancement further supports our semipermanent extremity of expanding our pan-African commercialized footprint. We made measurable advancement connected our sustainability travel during the quarter, with accrued usage of alternate fuels, enlargement of discarded vigor betterment infrastructure, and steadfast steps towards our medium-term decarbonisation roadmap.“As we look to the future, our absorption remains unwavering connected driving sustained profitability, expanding our export presence, and executing strategical semipermanent investments. These efforts are designed to substance sustainable maturation and make lasting worth crossed our operations successful Africa.”Dangote speaks connected expanding cement production
Legit.ng reported that Aliko Dangote, the president of the Dangote Group, revealed Monday that Dangote Cement volition summation its yearly accumulation successful Africa by 61 cardinal metric tons starting adjacent year.
This is expected to hap aft existent works projects successful Itori, Ogun state, and Abidjan, Cote d'Ivoire, are finished.
He said that Dangote Cement, which has a 52.0Mta capableness passim the continent and astir 70% of its output headquartered successful Nigeria, is already Africa's apical cement producer.
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Source: Legit.ng
