February 3, 2025/CSL Research Presco Plc (PRESCO) in its unaudited FY 2024 results reported a robust 93.5% y/y growth in Revenue, reaching N198.15bn from N102.42bn in FY 2023, surpassing our FY2024 estimate of N167.2 bn by 18.5%. Also, Revenue was up by 71.6% q/q, to N69.59bn in Q4 from N40.55bn […]
Results & Dividends
Presco Plc Q4-24: Increased Revenue and Lower Net Finance Costs Boost Profitability
February 3, 2025/Cordros Report Presco Plc (PRESCO) published its Q4-24 unaudited financials after the close of business on Friday (31 January), reporting a standalone EPS of NGN52.51 in Q4-24 (Q4-23: NGN9.39), underpinned by impressive revenue growth (+172.3% y/y) and lower net finance costs (-28.6% y/y). For 2024FY, the EPS came […]
The Okomu Oil Palm Plc Q4-24: Sturdy Revenue Growth Boost Earnings
January 31, 2025/Cordros Report Okomu Oil Palm Plc (OKOMUOIL) published its Q4-24 unaudited financials after the close of business yesterday (30 January), reporting a standalone EPS of NGN6.22 (Q4-23: NGN0.26), bringing 2024FY EPS to NGN35.93 (2023FY: NGN22.19). We attribute the improved earnings to the sturdy revenue growth (+82.1% y/y) and […]
