February 28, 2025/InvestmentOne Update ASI as at 12.00pm: +0.08% Top Gainers and Losers: OANDO (+9.94%), CAVERTON (+9.67%), UNIVINSURE (-7.58%) and FTNCOCOA (-5.06%). Sector Performances: Oil & Gas (+0.95%), Banking (+0.15%), Industrial (-0.43%) and Consumer Goods (-0.10%). Market activity: In today’s trade, total volume declined by 6% while total value increased […]
Author: InvestAdvocate
Lafarge Africa Plc 2024FY: Topline Growth Drives Earnings Expansion
February 28, 2025/Cordros Report Lafarge Africa Plc (WAPCO) published their audited 2024FY financial results after close of business yesterday (27 February), reporting a 95.8% y/y increase in EPS to NGN6.22 (2023FY: NGN3.17). This growth was primarily driven by robust revenue growth of 71.8% y/y during the period. Meanwhile, the board […]
Nestle Nigeria Plc FY 2024: Returns to Profitability in Q4 2024
February 28, 2025/CSL Research Financial Highlights: Revenue +75.2% y/y to N958.82B Cost of Sales +97.7% y/y to N652.46B OPEX +48.4% y/y to N139.22B EBITDA +45.3% y/y to N196.82B Operating Profit +35.6% y/y to N167.88B Loss before Tax +113.0% y/y to N221.59B In its recently released FY 2024 results, Nestle Nigeria […]
