October 29, 2024/Cordros Report Nestle Nigeria Plc (NESTLE) published their Q3-24 unaudited results yesterday (28 October), revealing a Q3-24 standalone loss per share of NGN9.28 (vs EPS of NGN8.72 in Q3-23). This decline was mainly driven by a sharp increase in the cost of sales (+118.7% y/y) and a significant rise […]
Results & Dividends
Cadbury Nigeria Plc 9M 2024: Profit Margins Compressed by Cost Pressures Despite Solid Revenue Growth
October 28, 2024/CSL Research Cadbury Nigeria Plc. (Cadbury) reported a 51.2% y/y Revenue growth in its 9M 2024 earnings release, with Revenue climbing to ₦89.53 billion from ₦59.20 billion in 9M 2023. The topline growth is attributed to increases in both sales volumes and prices, as well as improved asset […]
BUA Cement 9M 2024: FX Loss Amidst Cost Pressures Drag Bottom-Line
October 28, 2024/CSL Research In its recently released unaudited 9M 2024 results, BUA Cement reported a 73.7% y/y increase in Revenue to N583.41bn from N335.86bn in the same period of 2023. On a quarterly basis, Revenue also grew by 8.2%, reaching N219.46bn in Q3 2024 compared to N202.81bn in Q2 […]
