October 28, 2024/CSL Research Stanbic’s 9M 2024 unaudited numbers showed a 130.7%y/y increase in Interest Income to N425.8bn driven by an increase in lending activities and improved interest margins. Q/q, Interest Income was up 37.9% in Q3. Net Loans to customers grew 16.2% in 9M 2024 compared with the December […]
Results & Dividends
Airtel Africa Plc Q2-25: Sustained Currency Pressures Weakens Profitability
October 25, 2024/Cordros Report Airtel Africa Plc (AIRTELAFRI) reported Q2-25 unaudited financials today (25 October), reporting an EPS of USD0.64 (vs EPS of USD3.08 in Q2-24), thus bringing the H1-25 EPS to USD0.82 (vs loss per share of USD1.46 in H1-24). The decline was primarily influenced by the exceptional derivative […]
Airtel Africa H1 2025: Reduced FX Loss Boosts Profitability
October 25, 2024/CSL Research Airtel Africa’s H1 2025 financial results revealed a 9.6% year-on-year (y/y) decline in Revenue, falling to US$2.37 billion from US$2.62 billion in H1 2024. However, on a quarter-on-quarter (q/q) basis, total Revenue showed marginal growth of 5.0%, increasing from US$1.16 billion in Q1 2025 to US$1.21 […]
