Sustainability Investor Presentation
9M 2021 - Resilient Results
9M 2021 EBITDA and PAT have exceeded 2020 full year results
Financial
•
Group revenues up 34.2%, supported by strong
volume growth
DANGOTE
CEMENT
Nine months ended 30th September
2021
2020 Change
Sales volumes*
'000t
'000t
%
14,144
11,915 18.7%
Pan-Africa
Inter-company sales
Total
8,163
7,465
9.4%
(145)
(174)
22,163
19,206
15.4%
Nm
729,603
Nm
535,506
%
36.2%
Pan-Africa
297,860
232,607 28.1%
Inter-company sales
(5,277)
Total
1,022,186
(6,669)
761,444
34.2%
EBITDA
Nm
Nigeria**
459,226
Nm
316,053
%
45.3%
Pan-Africa**
66,968
52,059 28.6%
Inter-company and central costs
(11,403)
(13,092)
Total
514,791
355,020
45.0%
EBITDA margin**
%
%
Nigeria
Pan-Africa
62.9%
59.0%
3.9pp
22.5%
22.4%
0.1pp
50.4%
46.6% 3.7Pp
•
Group EBITDA up 45.0%; with EBITDA margin of
50.4%
Nigeria EBITDA up 45.3%; higher realised prices offset
inflationary pressure on some cost lines
Pan-Africa EBITDA up 28.6%, with an EBITDA margin
of 22.5%
Strong earnings with EPS up 32.5% at #16.2
Operational
•
•
.
•
Group volumes up 15.4% to 22.2Mt, supported by
strong demand across all operations
Nigeria volumes up 18.7%, supported by an increase
in housing infrastructure and commercial construction
Pan-Africa volume up 9.4% despite volatility in the
landing cost of cement and clinker
Resilient 9M 2021 results despite heavy rains and
extended plant maintenance in Nigeria
Nigeria
Revenues
Nigeria
Group
.
3Mt Okpella plant in Edo State is on track to ramp up
production before the end of 2021
EPS
16.23
12.25
32.5%
*Sales volumes include cement and clinker
**Before central costs and eliminations
Investor Presentation
Dangote Cement | Page 6View entire presentation