Dangote Cement Plc Q1 2026 – Debt Reduction Supports Profitability

Highlights

• Dangote Cement Plc ramped up production at the new 3Metric tonnes per annum plant in Côte d’Ivoire.
• Revenue grew by 20% Year-on-year (YoY) from N994.66 billion (Q1 2025) to N1.12 trillion (Q1 2026).
• Profit after tax increased by 53% YoY from N209.25 billion (Q1 2025) to N321.10 billion (Q1 2026).
• Earnings Per Share moved from N12.29k (Q1 2025) to N19.14k (Q1 2025).
• Shareholders’ funds increased by 9% YoY from N2.62 trillion (Q1 2025) to N2.86 trillion (Q1 2026).

Outlook

Dangote Cement Plc is expected to maintain its momentum through FY 2026, given the newly commissioned 3Mta plant in Côte d’Ivoire coupled with continued infrastructure activities across the Pan-African state. Dangote Cement Plc is well positioned to take advantage of the growth of all other 52 African Nations relative to its competitors.

The adoption of CNG trucks is expected to continue to have a positive impact on operating costs, especially if the entire fleet of trucks are now CNG-fueled. No official statement by the company has been made to this effect.

The Group is also expected to benefit from its ability to influence prices in the market (Market Leader) and the deliberate action to reduce its debt profile.

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Thank you.