Dangote Cement (DANGCEM) investor relations material

Executive summary

• 9M revenue was N3,774,208m, operating profit N1,567,745m and profit N974,794m; all exceeded the comparable 2025 figures.

• Q3 revenue reached N1,260,276m and profit N336,260m, compared with N1,083,159m and N222,808m, respectively, in Q3 2025.

• KPMG’s review found nothing indicating the interim statements were not prepared, in all material respects, under IAS 34; 2025 comparative periods were not reviewed.

Financial highlights

• 9M gross profit was N2,386,446m versus N1,868,663m; production cost of sales was N1,387,762m versus N1,286,094m.

• 9M operating profit was N1,567,745m versus N1,226,843m; Q3 operating profit was N508,148m versus N415,865m.

• 9M profit attributable to owners was N977,853m versus N734,094m; Q3 was N337,634m versus N219,198m.

• 9M income tax expense was N497,709m versus N297,713m; Q3 expense was N154,856m versus N88,134m.

Segment performance

• Q3 Nigeria revenue was N865,583m and EBITDA N467,594m; Pan Africa revenue was N414,484m and EBITDA N90,111m.

• 9M Nigeria revenue was N2,670,885m and EBITDA N1,597,013m; Pan Africa revenue was N1,189,836m and EBITDA N226,679m.

• 9M segment operating profit was N1,476,856m in Nigeria and N146,459m in Pan Africa; central costs and consolidation items reconcile segment results to consolidated operating profit.