June 3, 2026/Cordros Report In this note, we update our 2026E estimates and outlook for Lafarge Africa Plc (WAPCO) following the release of its Q1-26 results. We now forecast 2026E revenue growth of 33.2% y/y (Prev.: +26.1% y/y), alongside EBITDA margin expansion of 396bps y/y to 44.0% (Prev.: +10bps y/y to 40.1%) […]
Results & Dividends
FY 2026 Airtel Africa Maintains Strong Growth Trajectory Amid Improving Profitability
June 1, 2026/CSL Report Airtel Africa delivered a strong performance in FY 2026, underpinned by robust growth across its key revenue segments. Mobile Money Revenue rose by 41.2% year-on-year (y/y) to US$1.1 billion, while Data Revenue expanded by 40.3% y/y to US$2.5 billion. Voice Revenue also recorded solid growth, increasing […]
Presco Plc Q1’2026: Acquisition Strategy Supports Long Term Revenue and Capacity Growth
Presco Plc reported a modest year on year (y/y) Revenue growth of 7.5% in Q1 2026, with Revenue rising to ₦100.9 billion from ₦93.8 billion recorded in Q1 2025. On a quarter on quarter (q/q) basis, Revenue expanded significantly by 77.9% from ₦56.7 billion in Q4 2025. The growth in […]
