Results & Dividends

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 […]

MTNN FY 2024: FX Losses Amidst Cost Pressures Drag Bottom-Line

February 28, 2025/CSL Research Financial Highlights: Revenue +36.0% y/y to N3.36TN Cost of Sales +88.1% y/y to N1.23TN OPEX +33.4% y/y to N815.31BN EBITDA +9.2% y/y to N1.31TN Operating Profit +0.6% y/y to N778.24BN Loss before Tax +192.2% y/y to N400.44BN In its recently released FY 2024 results, MTN Nigeria […]