Results & Dividends

Unilever Plc Q3-24 Update Outlook Reiterated Despite Increased Cost Pressures

November 12, 2024/Cordros Report UNILEVER delivered solid Q3-24 results, with notable gains in revenue and gross margin expansion. Nevertheless, the company continues to face considerable pressure from rising operating costs, mainly due to naira devaluation and inflation. Looking ahead, we anticipate sustained revenue growth, bolstered by price increases and seasonal […]

Oando Announces H1 Unaudited 2024 Results, Reports N2.0 Trillion 51% Growth in Revenue

November 5, 2024/Oando Plc Oando PLC (referred to as “Oando” or the “Group”), Nigeria’s leading energy solutions provider listed on both Nigerian Exchange Limited and Johannesburg Stock Exchange, today announced its unaudited results for the six months period ended June 30, 2024.‍ OPERATIONAL SUMMARY‍ Upstream:‍ 15% decrease in production: 24,389 […]

Equities Market Preview and Review

November 4, 2024/CSL Research The domestic market experienced a downturn last week, with the benchmark index declining by 2.03% w/w to close at 97,432.02 points and recording losses across all five trading sessions. Consequently, the year-to-date (YTD) return dropped to +30.30% from +33.00% the previous week. Persistent selloffs in index […]