August 26, 2024/CSL Research Lafarge Africa reported a 49.5% y/y Revenue growth to N295.58bn in H1 2024 from N197.68bn in the prior period (H1 2023). Similarly, on a q/q basis, Revenue was up by 14.5% to N157.80bn in Q2 2024 from N137.77bn recorded in Q1 2024. The broad-based growth in […]
Results & Dividends
Airtel Africa Q1 2025: Reduced FX Loss Drives Return to Profitability
August 23, 2024/CSL Research Airtel Africa’s topline performance was impacted by a decline in both Voice Revenue (down 23.4% to US$476m) and Data Revenue (down 15.8% y/y to US$409m). However, Mobile Revenue grew moderately (up 10.1% y/y to US$222m). Despite the challenges in Voice and Data Revenue, the company achieved […]
Guinness Nigeria FY 2024: A Relapse in Recovery Due to Cost and FX Pressures
August 22, 2024/CSL Research Guinness Nigeria Plc reported a 30.5%y/y growth in revenue for the fiscal year 2024 (July–June), rising to N299.49bn from N229.44bn in FY 2023. The company’s top-line performance improved slightly q/q, up 1.9%. The y/y growth in Revenue was largely driven by a price increase of approximately […]
