Results & Dividends

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 […]

BUA Cement Plc Q2-24: Higher Costs and FX Losses Undermine Earnings Outlook

August 9, 2024/Cordros Report We update our views on BUACEMENT in this report, after the release of the company’s Q2-24 result. BUACEMENT’s revenue surged by 76.8% y/y in Q2-24, which we believe was supported by a favourable price/volume mix in the year. However, cost pressures and FX losses continued to […]

Dubai Electricity and Water Authority PJSC Announces Record Breaking First Half 2024 Results

August 8, 2024/Aetoswire Dubai Electricity and Water Authority PJSC (ISIN: AED001801011) (Symbol: DEWA), the Emirate of Dubai’s exclusive electricity and water services provider, which is listed on the Dubai Financial Market (DFM), today reported its first half 2024 consolidated financial results, recording revenue of AED 13.7 billion, EBITDA of AED […]