Dangote Cement studies pre-tax revenue of N311.974 billion in Q1 2025, up 87.48%  

Dangote Cement Plc has launched its unaudited monetary outcomes for the primary quarter ended March 31, 2025, reporting a pre-tax revenue of N311.974 billion, representing an 87.48% year-on-year (YoY) development in comparison with N166.404 billion recorded in Q1 2024.

The corporate additionally posted a revenue after tax of N209.245 billion, up 85.71% YoY, from N112.674 billion reported in the identical interval final 12 months.

Driving this sturdy bottom-line efficiency was a powerful income of N994.659 billion, marking a 21.69% YoY enhance from the prior 12 months.

Key highlights (Q1 2025 v. Q1 2024):   

• Income: N994.659 billion +21.69% YoY
• Value of gross sales: N407.265 billion +2.29% YoY
• Gross revenue: N587.394 billion +40.13% YoY
• Administrative bills:  N51.844 billion +13.86% YoY
• Promoting and distribution bills: N153.636 billion +5.77% YoY
• Working revenue: N397.419 billion +55.67% YoY
• Finance price: N129.376 billion +4.99% YoY
• Fundamental EPS: N12.29 +83.98% YoY
• Money and money equal: N417.663 billion -7.15%.
• Complete belongings: N6.445 trillion +0.66%

Fast Evaluation:  

Dangote Cement’s spectacular bottom-line efficiency in Q1 2025 was pushed by sturdy income development, supported by its stable market share.

• The corporate’s manufacturing capability remained at 52 million metric tons, although manufacturing quantity declined by 7.41% YoY to six.547 million tons, whereas gross sales quantity fell by 6.72% to six.569 million tons.
• Income from the Nigerian section rose considerably to N696.042 billion, growing its contribution to group income from 55.41% in Q1 2024 to 69.98% in Q1 2025.
• Conversely, Pan African income dropped by 15.37% YoY to N322.653 billion, lowering its share of group income to 32.44%.
• On the fee aspect, gas and energy bills, amounting to N177.193 billion, remained a key element of price of gross sales.

Nonetheless, price of gross sales grew slower than income, which helped increase each gross revenue and gross revenue margin, now standing at 59%, up by 15 proportion factors from Q1 2024.

Equally, a reasonable enhance in overheads (up 7.7%) supported development in working revenue, with the working revenue margin bettering to 39.96%, in comparison with 31.23% in Q1 2024, an increase of 27.92%.

Haulage bills continued to weigh closely, accounting for over 60% of the N205.480 billion in administrative, promoting, and distribution prices.

Finance prices rose solely barely, because of a major drop in overseas trade losses, from N63.765 billion in Q1 2024 to N17.472 billion. Nonetheless, gross curiosity bills remained excessive at N110.302 billion.

Steadiness sheet highlights 

Dangote Cement’s whole belongings, every little thing the corporate owns, elevated barely to N6.445 trillion, displaying a modest 0.66% development.

On the similar time, shareholders’ funds (the worth belonging to homeowners of the enterprise) grew even sooner than whole belongings.

This helped the corporate scale back its leverage ratio; a measure of how a lot debt it makes use of in comparison with fairness, from 2.91x on the finish of 2024 to 2.71x on the finish of Q1 2025.

In easy phrases, for each N1 of shareholders’ cash, Dangote Cement now makes use of N2.71 in whole belongings, down from N2.91. This implies the corporate is turning into barely much less depending on borrowed cash, which is an indication of improved monetary energy.

Share value efficiency 

In 2024, the inventory returned a YtD acquire of 49.67%.

As of Friday, April 25, 2025, the share value closed at N432, marking a ten% drop from its earlier shut of N480, and leading to a YtD lack of 9.77% in 2025.

The corporate has declared a dividend of N30 per share, payable on June 23, 2025, providing buyers a dividend yield of 6.94%.