March 3, 2025/Cordros Report Dangote Cement Plc (DANGCEM) released 2024FY audited results on Friday (28 February), reporting a 12.3% y/y increase in EPS to NGN29.74 (2023FY: NGN26.47). This growth was primarily driven by a 62.2% surge in revenue, supported by a 59.7% increase in pricing amid modest volume growth (+1.6% […]
Results & Dividends
BUA Cement Plc 2024FY: Strong Q4 Performance Drives Modest Earnings Improvement
March 3, 2025/Cordros Report BUA Cement Plc (BUACEMENT) published 2024 audited financials after market close on Friday (28 February), reporting a 6.4% y/y growth in EPS to NGN2.18 (2023FY: NGN2.05). The increase in earnings was primarily driven by a 90.5% y/y surge in revenue, reflecting record-high sales volumes and upward […]
Dangote Cement FY 2024: Strong Topline Growth Mitigates Cost Pressures and FX Loss
March 3, 2025/CSL Research Financial Highlights: Revenue +62.2% y/y to N3.58TN Cost of Sales (ex-depreciation) +64.8% y/y to N1.46TN OPEX (ex-depreciation) +72.74% y/y to N799.75BN EBITDA +56.0% y/y to N1.38TN Operating Profit +56.9% y/y to N1.15TN Profit before Tax +32.4% y/y to N732.54BN Stock Rating: BUY Target Price: N505.33/s Dangote […]
