Slide 1: Presentation to Analysts and Investors for Full Year 2024
Presentation to Analysts and Investors for Full Year 2024 13 March 2025 BUA Cement Plc RC1193879 1
Slide 2: Disclaimer
Disclaimer Unless otherwise indicated, the financial information provided herein has been prepared under International Financial Reporting Standards (IFRS). This presentation contains forward-looking statements and information. Forward-looking statements and information are statements that are not h
Slide 3: Weight
50 + 1kg Weight SOKOTO CEMENT Weight 50 +1kg MANUFACTUREO BY BUA CEMENT PLC SOKOTO PLANT 1M 9D Kalemboane Rood, Sakae, Negara, MOA 444 - 72008 COM WE a3 ad ITLANO - LIMESTONE CEMENT
Slide 4: Content
Content Our Company Philosophy 05 Company Overview 06 Performance Highlights 10 Strategic Priorities Highlights 15 Sustainability Highlights 17 4
Slide 5: Our Philosophy
Our Philosophy Our Vision Our Mission Our Value Proposition To be a highly competitive To produce and market high We are a professional supplier of premium market leader in Nigeria quality cement for national brand cement and provide reliable delivery development to our customers with application tr
Slide 6: Company Overview
Company Overview Largest Cement producer N3.1 trillion in the North-West, South-South Market capitalisation as at and South-East Dec. 2024 6 Modern lines Operational across 2 States (AA) (A+) N876.5 billion (2023: N460 billion) Revenue 20 17 11 8 3.5 5 Sustainably led by United Nations SDGs & the IF
Slide 7: Flawless Execution, Disciplined Approach
Flawless Execution, Disciplined Approach Obu Cement The 1.5mmt line-3 Commissioned the line-2 Signed $500 million syndicated Groundbreaking ceremony for Listed on the Nigeria commenced plant at Kalambaina, 3mmt at Okpella, Edo State loan with the IFC. the greenfield Ososo line-1 in Incorporation of
Slide 8: Strategic Positioning, Increasing Market Presence
Strategic Positioning, Increasing Market Presence Sokoto Plant Sokoto State Line 2 0.5 mmtpa Line 3 1.5 mmtpa Line 4 3 mmtpa Line 5 3 mmtpa Obu Plant Edo State Line 1 3 mmtpa Line 2 3 mmtpa Line 3 3 mmtpa BUA Cement Plc Head Office Victoria Island, Lagos, Nigeria Ososo Plant Edo State Line 1 3 mmtpa
Slide 9: BUA Cement (Sokoto)
BUA Cement (Sokoto) Ariel view of the Sokoto line 5 9
Slide 10: Performance Highlights – Recovery Amid the Volatile Currency Environment
Performance Highlights – Recovery Amid the Volatile Currency Environment PERFORMANCE 1 SUSTAINABILITY 7 We are committed to minimizing the impact Our performance was driven by price and of our activities on people and the volume increases amid rising operating & environment; engagement with stakehol
Slide 11: Challenging Operating Environment, Controlled Pass-Through Cost and Margin Contraction
Challenging Operating Environment, Controlled Pass-Through Cost and Margin Contraction 1 Revenue per ton (N’000) 2 EBITDA (N‘bn) 3 EBITDA Margin 107.1 268.6 40.6% 68.3 186.8 30.6% 2024 2023 2024 2023 2024 2023 • Revenue per ton increased by 56.8% to N107,092 from N68,293 in 2023. Comments • EBITDA i
Slide 12: Increase in Net Sales Results in EBITDA Growth
Increase in Net Sales Results in EBITDA Growth N’billions 700 416.5 600 268.6 500 400 300 -300.2 -34.5 200 186.8 100 0 EBITDA (2023) Revenue Cost of sales SD&A (net) EBITDA (2024) • EBITDA increased by 43.8% to N268.6 billion from N186.8 billion. The drivers for the increase are as follows: ➢ Revenu
Slide 13: Continued Depreciation of the Naira and Rising Cost Profile
Continued Depreciation of the Naira and Rising Cost Profile Cost of sales Energy cost SD&A per ton (N‘000) per ton (N‘000) per ton (N‘000) 70.4 34.5 7.9 41 6.1 18.3 2024 2023 2024 2023 2024 2023 • Cost of sales per ton rose by 71.8% to N70,405 from N40,983 in 2023. This arose from an increase in ope
Slide 14: BUA Cement (Obu)
BUA Cement (Obu) Aerial view of the Obu line 3 14
Slide 15: Reinforcing Purpose – Strategic Priorities for 2025
Reinforcing Purpose – Strategic Priorities for 2025 Sustaining Synergy New Markets Expansion Innovation Sustainability • Drive continued revenue and • Increase customer base • Construction of a • Deploy solutions that • Diversification of the energy cost synergies across and capture new market green
Slide 16: BUA Cement (Ososo)
BUA Cement (Ososo) Groundbreaking Ceremony for the Ososo Line 1 Plant 16
Slide 17: Sustainability – Environmental & Social
Sustainability – Environmental & Social “ Our social impact was significantly enhanced with the launch of additional initiatives valued at N1.7 billion, complementing our existing CSR efforts in local communities. These initiatives focused on education, health, WASH1, infrastructure, and other areas
Slide 18: Thank You
BUA Cement Plc RC 1193879 Thank You BUA Cement Plc 5th Floor, BUA Towers PC 32, Churchgate Street Victoria Island, Lagos, Nigeria Email: investor.relations@buacement.com 18