February 28, 2025/Cordros Report MTN Nigeria Communications Plc (MTNN) published their 2024FY audited financials yesterday (27 February) after market close, reporting a net loss of NGN400.44 billion (vs net loss of NGN137.02 billion in 2023FY), translating to a loss per share of NGN19.05 (2023FY loss per share: NGN6.38). The loss […]
Results & Dividends
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 […]
