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Event
Dangote Cement Plc (“the Group”) started the 2025 fiscal year under challenging macroeconomic and market conditions, with pressure on its volume causing a strategic reliance on pricing actions to drive top-line performance. Specifically, revenue grew by 22% to N994.66 billion in Q1 2025 (Q1 2024: N817.35 billion), primarily underpinned by aggressive pricing optimisation in the Nigerian market.
Outlook
As the Nigeria economy continues to improve in 2025, we expect to see progress in real estate and private construction sector, and this is anticipated to drive volume growth in the market. We also anticipate recovery in the Pan African market volume sales, as temporary factors that impacted some countries in the region ease over the course of the year.
Please follow the link “Dangote Cement Plc Q1 2025 – Pricing Power Boosts Profitability” to view the whole report.
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