Dangote
cement Plc has emerged as the overall winner of the prestigious annual award
organized by the Securities and Exchange Commission (SEC), The Pearl
Award.
Aside
emerging as the overall “Pearl of the Nigerian Stock Exchange”, the company
also won awards in there other categories, in the 2013 edition.
Leading
the pack of other brands, Dangote Cement was adjudged by the board of governors
of the Pearl Award Nigeria as the winner in the Industrial goods Sectorial
Leadership award, Building Materials category.
The
Dangote brand was also declared as the winner of the Highest Profit Margin
Ratio Award in the Market Excellence Category for companies quoted on the Stock
Market and also won the award as the company with the highest Dividend growth
in the
“We
are very proud to be associated with Dangote Cement and with Dangote Group
generally. For the second year running, Dangote Cement is winning the Pearl
overall award, emerging as the PEARL of the Nigerian Stock Exchange. This is
indeed a thing of joy and a thing to be very proud of. We wish the management
well and congratulate the shareholders of the company for being part of the
highest profitable company on the floor.”
He
pointed out that the emergence of Dangote Cement Plc as the winner in the three
categories was a great feat, and was in recognition of the company’s
outstanding operational and stock market performance in the 2012 year of
assessment.
“The
criteria for the awards, based on verifiable facts and figures are included in
the accompanying Brochure”, the organizers said.
Chief
Executive of Dangote Cement, D.V.G. Edwin, thanked the organizers of the award
and assured them that the company will not rest on its oars and that ongoing expansion initiatives will
solidify the organization’s leadership position across its communities of
operation.
He
thereafter dedicated the award to the company’s shareholders who have always
stood by the company in achieving sustainable business success.
capital
market.
The
winning streak was capped with the Overall Highest Award, having been nominated
in almost all the categories and winning more than any other brand.
The
President of the Pearl award Board of Governors, Tayo Orekoya lauded the
Management of Dangote Cement for awards won and enjoined the company to keep
the company’s flag flying.
Tags
Society
