Author: InvestAdvocate

INTBREW H1-25 Update: Cost Efficiency and Revenue Mix Reignite Profitability

August 01, 2025/Cordros Report INTBREW’s Q2-25 results build on the recovery momentum as highlighted in Q1-25 update. The brewer posted revenue growth of 39.5% y/y, an 888bps expansion in gross margin to 37.0%, and a return to operational profitability, with EBITDA margin of 24.3% — reversing the negative print in […]

IMF Upgrades Nigeria’s Economic Outlook

August 01, 2025/Coronation Research The International Monetary Fund (IMF), in its July 2025 World Economic Outlook (WEO) update, revised upward Nigeria’s GDP growth forecasts for both 2025 and 2026. Their new projection places Nigeria’s growth at 3.4% in 2025—a 0.4 percentage point (ppt) increase from the April forecast—and 3.2% in […]

Eterna Plc | H1:2025: Return to Profitability Amid Margin Pressures

August 01, 2025/InvestmentOne Report Eterna Plc demonstrated a return to profitability in the first half of 2025, posting revenue growth of 6.87% to NGN157.65bn from NGN147.53bn in the corresponding period of 2024. Despite the modest top-line expansion, heightened cost pressures significantly impacted margins. Cost of sales rose notably by 15.91% […]