April 28, 2017 9:21 PM ET

Construction Materials

Company Overview of Dangote Cement Plc

Company Overview

Dangote Cement Plc engages in the manufacture, preparation, and distribution of cement and related products in Nigeria, West and Central Africa, and East and South Africa. The company was formerly known as Obajana Cement Plc and changed its name to Dangote Cement Plc in July 2010. The company was incorporated in 1992 and is based in Lagos, Nigeria. Dangote Cement Plc is a subsidiary of Dangote Industries Limited.

Union Marble House

1 Alfred Rewane Road

PO Box 40032

Falomo Ikoyi

Lagos,  

Nigeria

Founded in 1992

14,401 Employees

Phone:

234 1 448 0815

Fax:

234 1 463 0316

Key Executives for Dangote Cement Plc

Chief Executive Officer and Executive Director
Age: 52
Total Annual Compensation: 183.3M
Compensation as of Fiscal Year 2015.

Dangote Cement Plc Key Developments

Dangote Cement Plc Announces Audited Earnings Results for the Year Ended December 31, 2016; Recommends Dividend

Dangote Cement Plc announced audited earnings results for the year ended December 31, 2016. For the year, the company's revenue was up 25.1% to NGN 615.1 billion. EBITDA was NGN 257.2 billion only slightly lower than 2015. Nigeria EBITDA was NGN 242.0 billion at 56.8% margin on lower selling price PanAfrican EBITDA was 26.5 billion at 13.6% margin with some plants still ramping up earnings per share up 4.5% to NGN 11.34 and net debt was NGN 240.8 billion. Group net profit was NGN 186,624 million against NGN 181,323 million a year ago. Capital Expenditure was NGN 136,168 million. Net cash flow from operations was NGN 278.6 billion. On February 24, 2017, the Directors recommended an increased dividend of NGN 8.5 per share for approval at the Annual General Meeting scheduled for May 24, 2017. This will result in a total dividend payment of NGN 144.8 billion. The dividend represents a payout ratio of 74.9%.

Dangote Cement Plc, 2016 Earnings Call, Feb 28, 2017

Dangote Cement Plc, 2016 Earnings Call, Feb 28, 2017

Dangote Cement Plc to Report Fiscal Year 2016 Results on Feb 28, 2017

Dangote Cement Plc announced that they will report fiscal year 2016 results on Feb 28, 2017

Similar Private Companies By Industry

Company Name Region
Bendel Glass Company Limited Middle East/Africa
Damnaz Cement Company Ltd. Middle East/Africa
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Stoneworks Industries Limited Middle East/Africa
Benue Cement Company Plc Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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