Tag: Earnings
Flour Mills of Nigeria posts 53% increase in profits, a solid...
TUE NOV 05 2024-theGBJournal| Flour Mills of Nigeria Plc (FMN), Nigeria's leading Food and Agro-allied company, posted revenue growth of 76% to N1,697.5 billion...
NESTLE’s sees 91.6% y/y increase in revenue as food and beverage...
...Gross margin narrowed (-860bps y/y) to 30.6% in Q3-24 (Q3-23: 39.2%) following significant cost pressures (+118.7% y/y) in the period
...NESTLE reported a pre-tax loss...
OKOMUOIL beats forecasts despite 8.2% decline in revenue in Q-3 2024
...Profit before tax increased by 80.6% y/y to N11.41 billion in Q3-24 (Q3-23: N6.32 billion).
...Following a tax expense of N3.27 billion (Q3-23: N1.60 billion),...
Stanbic IBTC Holdings Price Target raised to N63.97 from N61 following...
Stock Rating: HOLD
Price Target: N63.97
Price (25 October 2024): N61.00
Potential Upside (Downside): +4.9%
Ticker: STANBIC NL
...On recapitalisation, the group received approval to raise N550 billion through...
AIRTELAFRI Earnings Per Share falls significantly as sustained currency pressures depress...
...AIRTELAFRI’s group revenue declined by 2.6% y/y to USD1.21 billion (H1-25: -9.7% y/y to USD2.37 billion)
...Subscriber base growth of 6.1% y/y to 156.60 million...
Guinness Nigeria Plc sees 111.4% y/y revenue growth but cost of...
FRI OCT 25 2024-theGBJournal| Top Nigerian brewer, Guinness Nigeria Plc missed analysts' Q1-25 expectations on Thursday, reporting a loss per share of N5.55, a...
Unilever Nigeria Plc Earnings Per Share reaches new level as it...
...UNILEVER’s EBIT (-169bps y/y to 16.7%) and EBITDA (-243bps y/y to 18.2%) margins were weakened by the surge (+111.3% y/y) in operating expenses.
...The company's...
UBA Plc’s profits surge as EPS hits N14.78 in 9M-24
...The group recorded a 170.0% y/y growth in interest income to NGN1.80 trillion, driven by higher income recorded across all contributory lines
...In nominal terms,...
Transcorp Power Plc delivers strong Q3 2024 performance, with 153% revenue...
...Total Assets: Increased by 62% to N362.5 billion as of September 30, 2024, from N223.4 billion in FY 2023.
...Shareholders’ Funds: Grew by 82% to...
UBA Plc H1-24 earnings buoyed by growth in the group’s core...
...net interest income ex-LLE closed higher at N614.41 billion (+394.8% y/y) after factoring the 60.9% y/y decline in the group’s impairment charges in H1-24.
...Profit...
