Dangote Cement doubles pre-tax revenue to N1.53 trillion in 2025, proposes N45 dividend 

Dangote Cement Plc has reported a pre-tax revenue of N1.53 trillion for the 12 months ended December 31, 2025, representing a rise of 109% in comparison with N732.54 billion recorded in 2024, pushed by income progress and a major discount in finance prices.

That is in response to the cement maker’s audited 2025 full-year outcomes ended December 31, 2025, which was filed with the Nigerian Trade (NGX) on the weekend.

Revenue after tax greater than doubled to N1.01 trillion from N503.25 billion within the prior 12 months, whereas earnings per share rose to N59.86 from N29.74. The board has proposed a dividend of N45.00 per share for the 2025 {financial} 12 months.

The Chief Government Officer, Arvind Pathak, described 2025 as “a landmark 12 months”, noting that Group income rose 20.3% to N4,306.7 billion, whereas EBITDA elevated 43.4% to N1,981.1 billion.

He acknowledged that revenue after tax crossed the N1 trillion mark for the primary time within the firm’s historical past regardless of a 0.9% decline in volumes to 27.5 million tonnes, reflecting a concentrate on margin self-discipline and value effectivity.

Administration highlighted the commissioning of:

Dangote Cement delivered top-line progress of N726 billion in 2025, with income rising to N4.31 trillion from N3.58 trillion within the prior 12 months.

Nigeria remained the first progress driver, with home income growing to N2.96 trillion from N2.19 trillion, representing a 35% year-on-year enhance. Nigeria accounted for the majority of the incremental income progress on the Group stage.

A key contributor to the surge in profitability was the sharp discount in finance prices, which fell to N351.50 billion from N700.30 billion in 2024. The decline in finance prices materially diminished stress on earnings and enabled pre-tax revenue to greater than double to N1.53 trillion, whilst Group volumes declined marginally by 0.9% to 27.5 million tonnes.

On the stability sheet, Property, Plant and Gear stood at N3.9 trillion, reflecting the capital-intensive nature of the corporate’s operations throughout Nigeria and different African markets.

On the shut of final buying and selling on Friday, February 27, 2026, the inventory closed decrease at N779.00 per share on the NGX, recording a 6.1% drop from its earlier closing worth of N829.50, suggesting that the market is but to cost within the newest earnings launch.

With a complete of 16.9 billion shares excellent and a market capitalization of N13.1 trillion, Dangote Cement Plc is at present the third most useful inventory on the NGX (after MTN Nigeria and BUA Meals), which makes about 10.6% of all the fairness market valuation.