Dangote Cement Posts N421bn Profit in Q1 2026

Dangote Cement Plc delivered a strong first quarter performance for 2026, posting a profit before tax of N421.1 billion, which marks a 35% increase compared to N311.9 billion in the first quarter of 2025. The company's total production capacity across Africa is approaching 55 million tons per annum.
During this period, Dangote Cement completed 10 clinker shipments to neighboring countries, reinforcing its status as Africa's leading cement exporter. The company reported a total sales volume increase of 13.8% year-on-year, supported by an 11.5% increase in Nigeria and a significant 19.5% growth across its pan-African operations.
Group revenue climbed 20.4% to N1.198 trillion, with EBITDA rising 22.8% to N567.1 billion. Arvind Pathak, the Group Managing Director and Chief Executive Officer, stated that the results reflect the disciplined execution and resilience of the company's business model, highlighting a strong rebound in volume growth.
Plus234Feed summary based on reporting from Blueprint. Read the original report below.
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