Dangote Cement PLC
NNSENG:DANGCEM1,010.00
NGN
+2.00
(+0.20%)
ISIN
NGDANGCEM008
Return %
Stock
S&P 500
1Y
58.06
14.39
3Y
225.70
81.42
5Y
260.71
68.62
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Arvind Pathak
- Full Time Employees
- 21,418
- Sector
- Non-energy minerals
- Industry
- Construction materials
- Address
- Lagos Nigeria
- IPO Date
- Oct 27, 2010
- Website
- dangotecement.com
- Similar Companies
- Business
- Dangote Cement PLC is a Nigeria-based industrial materials corporation and the largest cement producer in Sub-Saharan Africa, engaged in the exploration, quarrying, mining, manufacturing, packaging, and commercial distribution of cement, clinker, and related construction materials. The company operates through two primary reporting business segments: Nigeria and Pan-Africa. Its core product portfolio comprises Ordinary Portland Cement and Portland Pozzolana Cement formulated across various strength grades and applications, marketed under prominent brand names including Dangote 3X 42.5R for multi-storey and heavy structural construction; Dangote Falcon 32.5R for general-purpose plastering, bricklaying, and masonry; Dangote BlocMaster 42.5R engineered for high-early-strength block making; and Dangote PowerKM 52.5N/52.5R for high-performance civil engineering, marine infrastructure, bridges, and precast concrete applications. In addition to bagged and bulk cement, the company produces and supplies raw and calcined clinker; unground limestone; ready-mix concrete; aggregate products; and specialized industrial binders. Dangote Cement also provides comprehensive supply-chain and technical services, including dedicated road haulage, coastal sea freight logistics, automated bulk dispensing, concrete testing, and on-site technical advisory for commercial contractors, infrastructure developers, and retail distributors. Founded in 1992 as Obajana Cement Plc and rebranded as Dangote Cement PLC in 2010 following its listing on the Nigerian Exchange, the company is headquartered in Lagos, Nigeria, and operates as a flagship subsidiary of Dangote Industries Limited. Its operational footprint spans ten African countries with an aggregate production and grinding capacity exceeding 51.6 million metric tonnes per annum across integrated plants, grinding plants, and import terminals situated in Nigeria, Cameroon, the Republic of the Congo, Ethiopia, Ghana, Senegal, Sierra Leone, South Africa, Tanzania, and Zambia. In recent corporate developments, Dangote Cement has undertaken significant strategic operational shifts toward sustainable manufacturing and energy cost optimization, investing heavily in the conversion of its extensive haulage fleet from diesel to compressed natural gas (CNG) and establishing proprietary CNG fueling stations. Concurrently, the company has expanded its alternative fuel co-processing initiative across its major manufacturing kilns, utilizing biomass, agricultural waste, and refuse-derived fuel to reduce thermal energy expenses and carbon intensity. Strategically, Dangote Cement has scaled clinker export operations via dedicated maritime export terminals at Apapa and Onne to supply its grinding facilities across West and Central Africa under the African Continental Free Trade Area (AfCFTA) framework, while continuing capacity debottlenecking, regional grinding expansion in neighboring markets, and proactive capital management through structured domestic bond issuances and share buyback programs.