August 20, 2024/InvestmentOne Report Lafarge Africa Plc posted a 49.52% YoY revenue growth to NGN295.58bn in H1:2024, after recovering from the slower sales recorded in the first half of the previous year. The strong growth was primarily driven by a hike in cement prices coupled with volume expansion following the […]

August 20, 2024/InvestmentOne Report In the first half of 2024, the company experienced a significant increase in revenue, reaching NGN295.62bn, up 45.78% driven by income growth from multiple business segments. As such, the 50kg sugar segment increased by 46.30% year-over-year, retail sugar rose by 46.70% year-over-year, and molasses saw a […]

August 20, 2024/InvestmentOne Report In the recent release of its audited FY 2024 results, Guinness Nigeria Plc reported continued pressure on its bottom line, with a substantial loss of NGN 54.77 bn. This loss was primarily attributed to the ongoing foreign exchange challenges impacting its foreign-denominated intercompany loans. Despite these […]