Dangote Cement - May 2014

Despite gas shortages affecting its leading plants in Obajana and Ibese, Dangote Cement reported a 4.2 per cent increase in cement sales in Nigeria in 1Q14 to 3.5Mt, compared to the same period last year. Its market share is estimated at 63 per cent. Direct-to-customer deliveries have proved highly successful, now accounting for around 60 per cent of sales, but these have resulted in higher distribution costs and increased depreciation due to the larger fleet required to support them. 


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