October 23, 2025/Cordros Report Guinness Nigeria Plc (GUINNESS) published their 15M-25 unaudited results after market close yesterday, posting an EPS of NGN4.60 in Q3-25 (Q3-24: NGN1.19). Consequently, EPS for the 15-month period settled at NGN12.00. The performance in the period was driven by strong topline growth, improved margins, and lower […]
Author: InvestAdvocate
Lafarge Africa 9M 2025: Lafarge Africa Delivers Strong Earnings Growth in 9M 2025
October 23, 2025/CSL Report Financial Highlights: Revenue +62.8% y/y to N780.49BN Cost of Sales (ex-depreciation) +35.6% y/y to N300.42BN OPEX (ex-depreciation) +48.2% y/y to N160.53BN Gross Profit +86.1% y/y to N480.07BN EBITDA +113.5% y/y to 323.85BN EBITDA Margin +9.9ppts to 41.49% Operating Profit +129.4% y/y to N298.41BN Profit before Tax […]
Nigeria to Seek Higher OPEC Quota Amid Efforts to Boost Oil Output
October 23, 2025/CSL Research Nigeria plans to demand a higher oil production quota at the next meeting of the Organisation of Petroleum Exporting Countries (OPEC) scheduled for November, according to the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri. The Minister explained that Nigeria’s current OPEC quota of […]
