October 30, 2024/CSL Research In its recently released unaudited 9M 2024 results, Lafarge Africa reported a 65.9% y/y Revenue growth to N479.49bn in 9M 2024 from N289.08bn in the prior period (9M 2023). Similarly, on a q/q basis, Revenue was up by 16.6% to N183.92bn in Q3 2024 from N157.80bn […]
Results & Dividends
Seplat Energy Plc: Strong Topline, Bottomline Hit by High Taxes
October 30, 2024/InvestmentOne Report Seplat Energy Plc’s revenue reached NGN1.07trn as at 9M:2024, marking a significant increase from NGN478.13bn in 9M:2023. Adjusting for underlift and overlift volumes, the total revenue reflected a 6.00%YoY growth, illustrating Seplat’s solid performance amid challenging market dynamics. In Q3:2024, quarterly revenue surged to NGN495.85bn from […]
GTCO 9M-24: Solid Core and Non-Core Income Growth Buoys Profitability
October 30, 2024/Cordros Report Guaranty Trust Holding Company Plc (GTCO) published their 9M-24 unaudited results yesterday (29 October), reporting a 196.0% y/y increase in EPS to NGN38.41 (9M-23: NGN12.98), supported by the sturdy growth across the group’s core (+161.7% y/y) and non-core (+95.2% y/y) income lines. In 9M-24, GTCO reported […]
