Dangote Cement Plc Annual Report 2021
Investment case
Why invest in
Dangote Cement
Dangote Cement is supporting Africa's
Transformation, while creating sustainable
value for all our stakeholders.
CEME
BENEGAL
Strong growth
in Africa
The World Bank
describes Africa as the
fastest growing and
youngest region
globally. As the
population continues
to expand, Africa
urgently needs
infrastructure, housing
and commercial
buildings. This creates
a tremendous
opportunity for
Dangote Cement.
Read more on pages 2 to 3
and 8 to 9
Sustainability
growth for all our
stakeholders
Our 7 Dangote
Sustainability Pillars
collectively reflect the
ethos behind "The
Dangote Way". These
pillars provide the
framework in which we
have embedded our
corporate culture and
guide our approach to
building a prosperous
and sustainable
business.
Read more on pages 30
to 35
Financial
investment case,
shareholder value
Dangote Cement has
achieved excellent
financial performance
and growth over the
last decade. Our
volumes have grown by
a compound annual
rate of 13% over the last
11 years, while our
EBITDA has increased
by a compound annual
growth rate of 18% over
the same period. In
2021, we achieved
another record volume,
EBITDA and profit
after tax.
Read more on pages 1 to 7
Robust export
strategy
Our "export to import"
strategy aims to serve
West and Central
Africa, through regional
integration making the
region cement
self-sufficient. We
believe that the African
Continental Free Trade
Area (AfCFTA) will give
Dangote Cement the
opportunity to serve
African markets
effectively and support
its self-sufficiency; as
we achieved in Nigeria.
Read more on pages 6
Strong organic
growth
We plan to serve the
region by optimising
the efficiency of our
existing assets. We are
now focused on a less
capital-intensive
expansion cycle, which
includes building
grinding plants across
West and Central Africa
to leverage and
strengthen regional
integration.
Read more on page
7
In 2021, Dangote Cement achieved another
record financial performance with double
digit growth across board. Profit after tax
was #364.4 billion, up 32.0%.
DANGOTE
3x
xtra Strong
Xtra Life
Xtra Yield
PORTLAND LIMESTONE CEMENT
42.5N
GRADE
CEMENT
50kg
Dangote Cement Plc Annual Report 2021
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Strategic reportView entire presentation