Dangote Cement Plc (DANGCEM) recently released its H1-2021 financials which showed remarkable double-digit increase of 44.8% y/y in Revenue to N690.5bn, as well as a 72.7% y/y and 51.9% y/y growth in PBT and PAT to N281.3bn and N191.6bn respectively. The performance was largely driven by higher sales volumes, as well as improved cost management during the period which drove margin expansion. We examine the numbers closely and review our expectations accordingly.
Download (210.06 KB)
Latest Reports
- MACRO | Weekly Pan African Monitor - November 4, 2021
- MACRO | Weekly Pan African Monitor - October 15, 2021
- MACRO | Weekly Pan African Monitor - October 8, 2021
- MACRO | Weekly Pan African Monitor - September 24, 2021
- MACRO | Weekly Pan African Monitor - August 27, 2021
- MACRO | Weekly Pan African Monitor - August 20, 2021
- MACRO | Weekly Pan African Monitor - August 13, 2021
- MACRO | Weekly Pan African Monitor - July 30, 2021
- MACRO | Weekly Pan African Monitor - July 23, 2021
- MACRO | Weekly Pan African Monitor - May 21, 2021
