Equities

Dangote Sugar Refinery PLC

DANGSUGAR:LAG

Dangote Sugar Refinery PLC

Actions
Consumer Staples Food Producers
  • Price (NGN)46.90
  • Today's Change-0.10 / -0.21%
  • Shares traded4.06m
  • 1 Year change+146.84%
  • Beta0.9376
Data delayed at least 60 minutes, as of May 03 2024 14:30 BST.
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About the company

Dangote Sugar Refinery Plc is engaged in the refining of raw sugar into edible sugar and the selling of refined sugar. The Company’s products are sold through distributors across the country. It sells unfortified sugar mainly to pharmaceutical, food and beverage manufacturers, while Vitamin A-fortified sugar is sold to distributors who sell to small wholesalers, confectioners and other smaller value-adding enterprises who provide the distribution network for the Nigerian retail market. It sells a small amount of sugar directly to retail customers. Retail packaging comes in various sizes of 250g, 500g, and 1kg under the brand name Dangote Sugar. Dangote Sugar owns and operates sugar refineries in sub-Saharan African located at Apapa Lagos, and three sugar agricultural estates located in Numan Adamawa State, Tunga Nasarawa State and Lau/Tau in Taraba State. Its subsidiaries include Dangote Taraba Sugar Ltd, Dangote Adamawa Sugar Ltd and Nassarawa Sugar Company Limited.

  • Revenue in NGN (TTM)441.45bn
  • Net income in NGN-73.74bn
  • Incorporated2005
  • Employees2.96k
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
DANGSUGAR:LAG since
announced
Transaction
value
Nascon Allied PlcAnnounced13 Jul 202313 Jul 2023Announced72.74%--
Data delayed at least 60 minutes, as of May 03 2024 14:30 BST.

Institutional shareholders

0.52%Per cent of shares held by top holders
HolderShares% Held
Trustus Capital Management BVas of 30 Jun 202340.63m0.34%
Robeco Institutional Asset Management BVas of 29 Mar 20249.80m0.08%
BPI Gest�o de Activos SGOIC SAas of 31 Dec 20238.11m0.07%
Parametric Portfolio Associates LLCas of 29 Feb 20244.39m0.04%
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Data from 30 Jun 2023 - 31 Mar 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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