Author: InvestAdvocate

BUA Cement Plc Q3-24: Revenue Growth Lifts Earnings Amid Lingering Margin Squeeze

October 29, 2024/Cordros Report BUA Cement Plc (BUACEMENT) published Q3-24 unaudited financials yesterday (28 October) after COB, reporting a standalone EPS of NGN0.43 (+18.2% y/y), bringing the 9M-24 EPS to NGN1.45 (9M-23: NGN2.25). The higher EPS print was driven by a 91.2% y/y surge in revenue. Revenue surged by 91.2% y/y […]

Nigerian Breweries Plc: Topline Excellence Meets FX Turbulence in 9M 2024 Yahoo/Inbox

October 29, 2024/InvestmentOne Report Revenue Growth Continues Despite Operational Challenges: In its 9M:2024 results, Nigerian Breweries Plc demonstrated strong revenue growth, with net revenue increasing by 76.92% year-over-year to NGN 710.87 billion. This significant growth, however, was matched by escalating costs, as cost of sales doubled, rising by 100.99% to […]

Orange Middle East and Africa and Mastercard Partner to Digitize Payments for Millions across Africa by 2025

Partnership to empower millions of Orange Money wallets with digital payments by 2025, boosting financial inclusion in seven countries October 29, 2024/Orange Middle East and Africa Orange Middle East and Africa (OMEA) and Mastercard have announced a strategic partnership to expand access to mobile financial services across Sub-Saharan Africa. This […]