Aliko Dangote's Dangote Cement Posts 130 Million Profit In Q1 2025

Dangote Cement posted an 86 profit increase, rising to 130 million for Q1 2025, despite a 6.7 decline in group volumes.

Revenue grew 21.7, driven by a 53.7 rise in Nigeria, with EBITDA up 49.2, boosting profitability and margin.

The company strengthened its export business, with a 21.2 increase in export volumes, enhancing its pan-African trade footprint.

Dangote Cement Plc, the cement giant majority-owned by Africas wealthiest man, Aliko Dangote , posted strong financial results for the first quarter of its 2025 fiscal year, with profit rising to 130 million for the three months ending March 31, 2025.

According to the company's recently released financial report , profit jumped from N112.7 billion 70.1 million to N209.25 billion 130.2 million. This growth was driven by a price increase in the second half of 2024, which carried over into the new year, even as the company faced a 6.7 percent decline in group volumes, dropping to 6.6Mt, due to weaker demand and inflationary pressures across key markets.

Despite these challenges, Dangote Cement saw its revenue grow by 21.7 percent, reaching N994.7 billion 618.3 million, up from N817.35 billion 508.4 million. A key contributor was a 53.7 percent rise in revenue in Nigeria, bolstered by strategic pricing. The company also posted a substantial improvement in profitability, with group EBITDA rising by 49.2 percent to N461.6 billion 287 million, and EBITDA margin strengthening to 46.4 percent. In Nigeria, the EBITDA margin grew from 49.7 percent to 56.7 percent, reflecting strong cost management.

Arvind Pathak, CEO of Dangote Cement, commented: We made significant strides on our sustainability journey this quarter, focusing on increasing the use of alternative fuels, expanding waste heat recovery infrastructure, and advancing our decarbonization goals. As we move forward, our priority remains on driving sustained profitability, expanding our export reach, and continuing strategic long-term investments. These steps are critical to ensuring our long-term growth and delivering value across our African operations.

The decline in volumes was mainly due to softer demand and inflationary pressures, but the company continued to enhance its export business. Notably, export volumes increased by 21.2 percent, with eight clinker shipments to Ghana and Cameroon during the quarter. This marks significant progress in its goal to grow its pan-African trade footprint.