April 28, 2025/Cordros Report NASCON Allied Industries Plc (NASCON) published their Q1-25 unaudited financials after market close on Friday, reporting an EPS of NGN3.74 (Q1-24: NGN1.86), following a sturdy growth in the topline (+77.2% y/y) and a decline in FX losses (-89.6% y/y). Revenue grew by 77.2% y/y in Q1-24, […]
Results & Dividends
Dangote Cement Plc Q1-25: Earnings Surge on Strong Pricing and Cost Discipline
April 28, 2025/Cordros Report Dangote Cement Plc (DANGCEM) released its Q1-25 unaudited results on Friday (25 April), reporting an 83.9% y/y increase in EPS to NGN12.29 (Q1-24: NGN6.68). The strong earnings performance was underpinned by a 21.7% y/y rise in revenue alongside a modest cost growth (+1.7% y/y, ex-depreciation). DANGCEM’s […]
International Breweries Plc Q1-25: Revenue Strength and Margin Gains Spurs Profitability
April 28, 2025/Cordros Report International Breweries Plc (INTBREW) published their Q1-25 unaudited results this morning, reporting an earnings per share of NGN0.30 in Q1-25 (vs loss per share of NGN0.62 in Q1-24), marking the brewer’s first positive quarterly EPS since Q1-22 (NGN0.03). The return to profitability was driven by robust […]
