Tag: Earnings

...ZENITHBANK’s profit before tax expanded by 66.7% y/y to N1.33 trillion. Following the one-off levy on FX revaluation gains THUR MARCH 27 2025-theGBJournal| Zenith Bank...

SAT MARCH 01 2025-theGBJournal| Nestle Nigeria Plc (NESTLE) grew its revenue by 75.2% y/y in 2024FY (Q4-24: +95.0% y/y), driven by robust growth across...

SAT MARCH 01 2025-theGBJournal| Nigerian Exchange Group Plc (NGX Group) Friday announced its audited financial results for the year ended 31 December 2024, delivering...

-Total subscribers increased by 1.6% to 80.9 million -Active data users increased by 7% to 47.7 million -Service revenue increased by 35.9% to N3.3 trillion -Earnings before...

...Net Sales: FY 2024 up 72% YoY benefiting from improved volume; Q4 2024 up 86% vs PY ...Operating Profit: FY 2024 up 89% YoY; Q4...

TUE JAN 28 2025-theGBJournal|Unilever Nigeria Plc, leading manufacturer of household consumable products reported revenue growth of 50.3% y/y in Q4-2024, in line with expectations...

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...

...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...

...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),...

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...