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Dangote Cement Exports Surge 62.3% in H1 2026

Business
Blueprint

Dangote Cement Plc experienced a significant growth in cement and clinker exports, rising by 62.3% to 1.1 million tonnes in the first half of 2026. This growth reinforces Nigeria's status as a regional manufacturing and export hub.

The company reported a profit after tax of N638.5 billion, reflecting a 22.7% increase. During this period, Dangote Cement dispatched 20 clinker ships to Ghana, Cameroon, and Côte d’Ivoire, indicating a rising demand for its products in West Africa.

The unaudited results for the six months ending 30 June 2026 revealed a Group revenue increase of 21.4% to N2.514 trillion and a Group EBITDA rise of 25.8% to N1.188 trillion, with a margin of 47.3%. Earnings per share advanced by 24.3% to N38.22, and the company maintained a strong net cash position of N215.2 billion.

Operational efficiency improvements included a reduction in cash costs in Nigeria and the commissioning of a mobile refuelling unit in Okpella. CEO Arvind Pathak attributed the strong performance to disciplined execution and sustained demand.

Plus234Feed summary based on reporting from Blueprint. Read the original report below.

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