April 15, 2026/Dangote Group … Applaud Management Performance, Commitment to Backward Integration Dangote Sugar Refinery Plc has received shareholders’ approval for a N500 billion Rights Issue, thus positioning the company to strengthen its financial standing, expand its capital base, and accelerate strategic initiatives. The Rights Issue, the shareholders reasoned will […]
Results & Dividends
Dangote Cement Plc 2025FY Update | 2026E: Topline and Earnings Growth Expected; HOLD Maintained
April 10, 2026/Cordros Report In this report, we update our views and estimates for DANGCEM for 2026E following the release of its 2025FY results. During the period, the company reported revenue growth of 20.3% y/y, EBITDA margin expansion to 46.0% (+741bps y/y) and EPS growth of 101.3% y/y to NGN59.86. […]
Zenith Bank Plc 2025FY: Core Earnings Buffer Bottom Line Against Trading Losses
April 7, 2026/Cordros Report Zenith Bank Plc (ZENITHBANK) released its audited 2025FY financial results this morning, delivering a modest 0.7% y/y growth in profit after tax (PAT) to NGN1.04 trillion (2024FY: NGN1.03 trillion). Earnings performance was supported by a strong expansion in net interest income (+52.7% y/y), which sustained bottom […]
