April 30, 2025/CSL Research Financial Highlights: Interest Income: +40.2% y/y to N625.28BN Interest Expense: +18.6% y/y to N260.09BN Cost of Risk: -6bps y/y to 1.6% Cost to Income Ratio: +898bps y/y to 52.3% Profit before Tax: -10.4% y/y to N189.48BN Stock Rating: UR To read the full report, click on […]
Author: InvestAdvocate
Bears Sustain Hold on Nigerian Bourse -0.1%, Dragged by ETI, GTCO
April 30, 2025/Cordros Report EQUITIES Bearish sentiments persisted in the local stock market as sell pressures in GTCO (-3.5%) and ETI (-10.0%) caused a 0.1% decline in the benchmark index to 105,800.85 points. Accordingly, the Month-to-Date and Year-to-Date returns moderated to +0.1% and +2.8%, respectively. The total volume […]
Cadbury Nigeria Plc Q1 2025: Strong Q1 2025 Performance Positions Cadbury for a Robust Financial Year
April 30, 2025/CSL Research Financial Highlights: Revenue: +57.1% y/y to ₦37.23Bn Cost of Sales: +34.1% y/y to ₦25.07Bn OPEX: +28.7% y/y to ₦2.86Bn EBITDA: +213.8% y/y to ₦10.18Bn Operating Profit: +251.0% y/y to ₦9.69Bn Profit before Tax: +181.7% y/y to ₦8.54Bn Stock Rating: HOLD, Target Price: ₦33.05/s To read full […]
