Investor Presentaiton
DANGOTE
CEMENT
.
Pan-Africa - Strong Performance across Board, Particularly
Ethiopia
Volumes up 15.2% to 8.5Mt, driven by healthy volume growth from Senegal, Congo and
Zambia
Pan-African volume accounts for 42% of Group volume, reinforcing our diversification
strategy
Revenues up 103.9% to N588.2B, on improved sales across our operations
Three-folds increase in EBITDA to N170.0B with a record margin of 28.9%.
Strong EBITDA contribution from Ethiopia due to reduction in cash cost
Capacity maximisation in Senegal, Ethiopia and Cameroon
206.0
Strong pan-African EBITDA
170
156.0
106.0
71.3
56.0
47.9
39.1
47.8
6.0
9M18
9M19
9M20
9M21
9M22
9M23
Commenced operations at our 0.45Mta grinding plant in Ghana and have reached
advanced stage in the deployment of 1.5Mta grinding plant in Cote d'Ivoire
Clinker export to Cote d'Ivoire to begin by 2024
-
Financial Summary – Pan-Africa
Nine months ended 30th September
Total volumes (Kt)
Revenue (Nm)
EBITDA** (Nm)
2023
2022
Change
8,492
7,372
15.2%
DANGOTE
CEMENT
588,243
HOTE
ANCOTE
GEMENT
288,509
103.9%
DANGOTE
170,017
47,844
255.4%
CEMENT
EBITDA margin*
**
**Before corporate costs and eliminations
Investor Presentation
28.9%
16.6%
12.3pp
Dangote Cement | Page 11View entire presentation