August 15, 2024/CSL Research International Breweries demonstrated a relatively stable performance across key metrics in H1 2024. The company, known for its Trophy Lager, reported a remarkable 92.2% y/y Revenue growth, reaching N223.2bn, up from N116.13bn in the same period of 2023. On a q/q basis, revenue also increased by […]
Results & Dividends
Guinness Nigeria Plc FY 2024: The Silver-Lining: Tolaram Seals Deal with Diageo
August 14, 2024/United Capital Research Guinness Nigeria Plc (“the Brewer” or “the company”), a subsidiary of Diageo Plc, recorded a decent top line performance (up by 30.5% y/y, from N229.4bn to N299.5bn) in the financial period full year (FY) 2024 (July 2023 to June 2024) despite the challenging macroeconomic environment, […]
Dangote Cement H1 2024: Strong Revenue Growth Expected to Protect Profitability Amidst Cost Pressures
August 13, 2024/CSL Research Dangote Cement’s unaudited results for the first half of 2024 showed strong Revenue growth of 85.1% y/y to N1.76 trillion from N950.83 billion in the same period of 2023. The substantial increase was propelled by both price and volume increases. The company’s sales volume rose by […]
