March 3, 2025/CSL Research Financial Highlights: Revenue +90.5% y/y to N876.47BN Cost of Sales (ex-depreciation) +114.7% y/y to N551.15BN OPEX (ex-depreciation) +54.8% y/y to N54.47BN EBITDA +79.5% y/y to N179.81BN Operating Profit +93.2% y/y to N144.30BN Profit before Tax +48.2% y/y to N99.63BN Stock Rating: SELL Target Price: N77.52/s In […]

……Reports 157.3% Surge in Profit Before Tax to N13.6bn in 2024 ….Board Approves Record N4.4bn Dividend for Shareholders February 28, 2025 /NGX Nigerian Exchange Group Plc (NGX Group or the Company) has announced its audited  financial results for the year ended 31 December 2024, delivering a record-breaking profit before tax […]

February 28, 2025/Cordros Report Nestle Nigeria Plc (NESTLE) published its 2024FY audited financials yesterday, reporting a loss per share of NGN207.65 (2023FY: NGN100.26), undermined by higher finance costs, which were exacerbated by the impact of naira depreciation on the translation of foreign currency-denominated loans and borrowings. However, Q4-24 standalone EPS printed NGN24.82 […]