Dangote Cement Plc, together with its subsidiaries, engages in the preparation, manufacturing, distribution, and sale of cement and related products in Nigeria. It operates in two segments, Nigeria and Pan Africa. The company is involved in manufacturing, bagging, grinding, distribution, and sale of cement; limestone mining; holding of other mining rights; selling and distribution of fuels; coal and power production activities; property investment activities; and manufacturing of ceramic products, as well as providing contracting services. It has operations in Nigeria, Ghana, South Africa, Ethiopia, Zambia, Tanzania, Senegal, Cameroon, Sierra Leone, and Congo. The company was formerly known as Obajana Cement Plc and changed its name to Dangote Cement Plc in July 2010. The company was founded in 1981 and is headquartered in Lagos, Nigeria. Dangote Cement Plc operates as a subsidiary of Dangote Industries Limited.
Nigerian Market Performance
7D7 Days: 4.3%
3M3 Months: 32.7%
1Y1 Year: 47.2%
YTDYear to Date: 35.6%
The market has climbed 4.3% in the last 7 days, lead by the Materials sector with a gain of 9.6%. On the other hand, with a decline of 4.0%, the Industrials sector is lagging behind. As for the past 12 months, the market is up 47%. Looking forward, earnings are forecast to grow by 19% annually. Market details ›
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