Dangote Cement (DANGCEM) Q2 2026 earnings summary

Executive summary

• Revenue for the six months ended 30 June 2026 reached ₦2.51 trillion, up from ₦2.07 trillion year-over-year, with strong growth in both Nigeria and Pan Africa segments.

• Net profit for the six months was ₦638.5 billion, compared to ₦520.5 billion in the prior year period, reflecting improved operating performance.

• Basic and diluted EPS for the six months was ₦38.22, up from ₦30.74 year-over-year.

Financial highlights

• Gross profit for the six months was ₦1.59 trillion, up from ₦1.22 trillion year-over-year.

• EBITDA for the six months reached ₦1.19 trillion, compared to ₦944.9 billion in the prior year.

• Operating profit for the six months was ₦1.06 trillion, up from ₦810.98 billion year-over-year.

• Net cash generated from operating activities for the six months was ₦1.06 trillion.

• Total assets as of 30 June 2026 stood at ₦6.62 trillion, with total equity of ₦3.17 trillion.

Outlook and guidance

• Management continues to focus on operational efficiency and market expansion, with ongoing investments in plant and equipment.

• No specific forward-looking financial guidance was provided.