Dangote Cement Plc · NSENG:DANGCEM
Dangote Cement — H1 2026 Earnings Presentation
15 slides from Dangote Cement's earnings presentation, Aug 5, 2026
Slide 1: H1 2026 results
H1 2026 results UNAUDITED RESULTS FOR SIX MONTHS ENDED 30th JUNE 2026 5th August 2026 @dangotecement www.dangotecement.com
Slide 2: A global leader, proudly African
A global leader, proudly African Dangote Cement is sub-Saharan Africa’s largest and leading cement company, with operations in 11 African countries. 55Mta 11 14.9Mt ₦17.3tn* Total Capacity African Countries H1 2026 Sales Volume Market Cap Production capacity by country Nigeria 35.3Mta Integrated Eth
Slide 3: Macroeconomic environment
6 Macroeconomic environment SSA inflation (median) 5 Nigeria key indicators SSA GDP growth GDP Growth 2026F 4.1% 4.5% 4.4% 4.8% 4.3% Inflation (June 2026) 15.9% 3.7% 3.8% Naira ₦1,366.7/$ Ext. Reserves $51.9B Crude oil price $90.3/bbl 2025A 2026E 2027F 2025A 2026E 2027F Dangote Cement | Page 3 Oil P
Slide 4: H1 2026: Key financial highlights
H1 2026: Key financial highlights Double-digit growth in PAT, up 22.7% to ₦638.5B GROUP REVENUE EBITDA PROFIT AFTER TAX EARNINGS PER SHARE ₦2,513.9B ₦1,188.3B ₦638.5B ₦38.22 ▲ +21.4% ▲ +25.8% ▲ +22.7% ▲ +24.3% vs ₦2,071.6B in H1 2025 vs ₦944.9B in H1 2025 Dividend: ₦45/share (+50%) vs ₦520.5B in H1
Slide 5: Solid 25.8% EBITDA growth driving margin expansion
Solid 25.8% EBITDA growth driving margin expansion SIx months ended 30th June 2026 2025 Change Financial Sales volumes* ‘000t ‘000t % • Group revenues up 21%, driven by increased sales in both Nigeria Nigeria volumes 9,697 8,951 8% and Pan-Arican markets. Pan-African volumes 5,950 4,998 19% • Group
Slide 6: Group financial overview (cont’d)
Group financial overview (cont’d) Balance Sheet Leverage ratios H1 2026 FY 2025 As at 30/06/26 As at 31/12/25 ₦m ₦m Current Ratio 0.9x 0.8x Property, plant and equipment 4,006,907 3,917,363 Receivables from related parties - - Debt / Capital 15.5% 29% Other non-current assets 133,582 135,024 Intangi
Slide 7: Track record of accessing debt capital market
Track record of accessing debt capital market Commercial paper programme • Long-term rating upgraded to AA+ from AA; and short-term rating reaffirmed at A1; with stable outook 350 • Dangote Cement Plc's corporate family rating (CFR) and national scale corporate 300 family rating retained at B3 and A
Slide 8: Sustainability & Corporate Governance
Sustainability & Corporate Governance Investor Presentation
Slide 9: Strong Board and Governance Framework
Strong Board and Governance Framework Board of Directors Diverse Board (includes three Independent Directors) ✓ Independent Director appointed as Chairman ✓ 31% Female Board Members (Gender diversity) Emmanuel Ikazoboh Ernest Ebi * ✓ 7 Nationalities Arvind Pathak Devakumar Edwin Olakunle Alake Viswa
Slide 10: Sustainability & Governance – The Dangote Way
Sustainability & Governance – The Dangote Way Building Sustainable Growth, Creating Lasting Impact E s G Environment Social Governance • CDP rating retained at B • ₦9.6B spent on CSR in H1 2026 and • Chairman stepped down for an • Commissioned 11 AF projects across over N20.0b in 2025. Independent D
Slide 11: Social performance
Social performance International Women’s Day Education Intervention Support Program The GCHRO addressing Mgt Trainees. ₦9.6B spent on CSR in H1 2026 DCP staff long service award Investor Presentation Dangote Cement | Page 11
Slide 12: Outlook & Guidance
Outlook & Guidance
Slide 13: Dangote Cement Vision 2030
Dangote Cement Vision 2030 Drive strong revenue and profit By 2027 all Nigeria through volume, fleets trucks 01 cost efficiency, (except Gboko) will 05 export growth, run on CNG, electric pricing and trucks to be technology. introduced in 2026. Achieve an DCP will reduce Net installed capacity CO2 e
Slide 14: Capacity growth outlook to 2030
Capacity growth outlook to 2030 We aim to expand installed capacity to 80.0Mta by 2030, supporting our long-term vision of making Africa self-sufficient in cement and clinker production. This growth will be driven by a mix of greenfield and brownfield projects. Production Capacity Growth Projections
Slide 15: For further information contact
For further information contact: Micheal Ani Investor Relations Dangote Cement Plc ir@dangote.com InvestorRelationsDangoteCement@dangote.com @dangotecement www.dangotecement.com