Highlights
- Revenue increased by 15% YoY from ₦36.30 billion in Q2 2025 to ₦41.82 billion in Q2 2026
- Gross profit grew by 4% YoY to ₦20.36 billion from N19.49 billion.
- Finance costs declined by 58% YoY from ₦201 million to ₦85 million.
- Profit after tax increased by 21% YoY to ₦9.72 billion from N8.02 billion.
Outlook
WSTC Research expects NASCON to sustain its positive earnings trajectory, supported by continued flexibility around price, improving volumes across its regional markets, ongoing cost-efficiency initiatives. In particular, the Company’s investment in CNG-powered trucks should continue to provide savings on distribution costs and help mitigate the impact of elevated transportation and fuel expenses. This is inline with other Dangote group’s group of companies.
Please follow the link “NASCON Q2 2026 – Pricing Power and Deleveraging Strengthen Earnings Outlook” to view the whole report.
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