Highlights
- Revenue increased by 22% Year-on-year (YoY) from ₦1.08 trillion in Q2 2025 to ₦1.32 trillion in Q2 2026.
- Gross profit increased by 33% YoY from ₦630.65 billion in Q2 2025 to ₦840.32 billion in Q2 2026, while gross margin improved from 59% to 64%.
- Operating profit increased by 34% YoY from ₦414.12 billion in Q2 2025 to ₦553.37 billion in Q2 2026.
- Profit after tax increased by 2% YoY from ₦311.21 billion in Q2 2025 to ₦317.44 billion in Q2 2026.
Outlook
Dangote Cement’s operating outlook for FY 2026 remains positive. The strong growth in revenue and operating profit, together with improved margins, shows that the Group continues to benefit from higher sales and economies of scale. Regulatory oversight i.e. FCCPC (Federal Competition & Consumer Protection Commission) are currently undergoing a price review for the local industry. This potential tailwind can be abated as Dangote Cement has a strong Pan-African presence with expected growth in demand.
On the capacity front, construction and commissioning activities at the new 6Mta Itori plant are at an advanced stage, with the project expected to be completed before the end of 2026. This sets Dangote Cement in a position to meet the rising demand in Nigeria for construction and strengthen its position for future exports.
Please follow the link “Dangote Cement Plc Q2 2026 – Higher Volumes and Pricing Drive Growth” to view the whole report.
Thank you.
