October 29, 2024/Cordros Report Okomu Oil Palm Plc (OKOMUOIL) published its Q3-24 unaudited financials after close of business yesterday (28 October), reporting growth of 72.5% y/y in Q3-24 standalone EPS to NGN8.54 (Q3-23: NGN4.95), resulting in 9M-24 EPS of NGN29.71 (9M-23: NGN21.93). The positive outturn in EPS was due to […]
Results & Dividends
Nestle Nigeria Plc Q3-24: Rising Cost and Currency Pressures Impacts Profitability
October 29, 2024/Cordros Report Nestle Nigeria Plc (NESTLE) published their Q3-24 unaudited results yesterday (28 October), revealing a Q3-24 standalone loss per share of NGN9.28 (vs EPS of NGN8.72 in Q3-23). This decline was mainly driven by a sharp increase in the cost of sales (+118.7% y/y) and a significant rise […]
Cadbury Nigeria Plc 9M 2024: Profit Margins Compressed by Cost Pressures Despite Solid Revenue Growth
October 28, 2024/CSL Research Cadbury Nigeria Plc. (Cadbury) reported a 51.2% y/y Revenue growth in its 9M 2024 earnings release, with Revenue climbing to ₦89.53 billion from ₦59.20 billion in 9M 2023. The topline growth is attributed to increases in both sales volumes and prices, as well as improved asset […]
