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 […]
Results & Dividends
Flour Mills of Nigeria Plc H1 2025: Topline Performance Buoys Profitability
November 4, 2024/CSL Research In its recently released H1 2025 results, Flour Mills of Nigeria Plc. (Flourmill) reported a 76.0% y/y Revenue growth to ₦1,697.48 billion from ₦964.65 billion in H1 2024. On a quarterly basis, Revenue grew by 22.4% q/q, reaching ₦934.29 billion in Q2 2025 compared to ₦763.19 […]
TotalEnergies Marketing Nigeria Plc Q3-24: Earnings Bolstered by Robust Growth Across Product Lines
November 1, 2024/Cordros Report TotalEnergies Marketing Nigeria Plc (TOTAL) published their Q3-24 unaudited result yesterday (31 October), reporting standalone EPS of NGN20.19 in Q3-24 (Q3-23: NGN5.99), thus, bringing 9M-24 EPS to NGN80.77 (9M-23: NGN31.87). The EPS growth was driven by substantial revenue growth (+78.4% y/y) during the period. Revenue grew […]
