Dangote Cement Plc kicked off 2025 with an outstanding financial performance, reinforcing its position as a dominant force in the African cement market. The company reported a pre-tax profit of N311.97 billion for Q1 2025, representing a remarkable 87.48% year-on-year increase from N166.40 billion in Q1 2024. This bottom-line strength translated into a profit after tax of N209.25 billion, up 85.71% YoY, highlighting the resilience and efficiency of its operations despite mounting cost pressures.

Key Driver: Revenue growth was central to the quarter’s success, with Q1 2025 revenue reaching N994.66 billion, a 21.69% increase from the same period last year. This growth builds on the company’s impressive performance for the full year ended December 31, 2024, where revenue soared by 62% to N3.58 trillion, up from N2.21 trillion in 2023.

Despite notable increases in cost of sales, administrative expenses, and finance costs, Dangote Cement still delivered a 10.5% growth in profit after tax to N503.25 billion for the full year. This underscores the company’s operational efficiency, as seen in the following key metrics:

Gross profit rose by 61% to N1.93 trillion
Profit from operating activities grew by 57% to N1.15 trillion
Sales volume increased to 27.71 million tonnes, up from 27.28 million tonnes in 2023

The Nigerian operations remained the cornerstone of revenue generation, contributing N2.19 trillion, while Pan-African operations added N1.48 trillion, reflecting the company's strong regional footprint.

To support its future expansion, Dangote Cement also secured a $675 million loan facility from Afreximbank, with a 24-month grace period and a 60-month maturity term, providing further momentum for its ongoing growth initiatives.

In summary, Dangote Cement’s Q1 2025 and FY 2024 results reflect robust revenue generation, strategic cost management, and a clear commitment to expanding its regional presence, setting a solid foundation for continued growth throughout the year.