Results & Dividends

Lafarge Africa H1 2024: A Resilient Performance

July 30, 2024/CSL Research In its recently released unaudited H1 2024 results, Lafarge Africa reported a 49.5% y/y Revenue growth to N295.58bn in H1 2024 from N197.68bn in the prior period (H1 2023). Similarly, on a q/q basis, Revenue was up by 14.5% to N157.80bn in Q2 2024 from N137.77bn […]

TotalEnergies Marketing Nigeria Plc Q2-24: Performance hinges on higher product pricing

July 30, 2024/Cordros Report TotalEnergies Marketing Nigeria Plc (TOTAL) published its Q2-24 unaudited results yesterday, reporting EPS of NGN26.71 (Q2-23: NGN13.62), translating to a 96.1% y/y growth. Thus, H1-24 EPS printed NGN60.58 (H1-23: NGN25.88). The EPS growth was driven mainly by substantial revenue growth (+86.7% y/y) during the period, supported […]

Presco Plc H1 2024: Stellar First Half; Seasonality Slows Down Q2

July 30, 2024/CSL Research Presco Plc (PRESCO) in its half year 2024 results reported an impressive 83.1% y/y growth in Revenue to N88.02bn from N48.07bn (H1 2023). Also, on a q/q basis, Revenue grew marginally by 6.9% to N45.48bn (Q2 2024) from N42.55bn (Q1 2024). The significant growth in H1 […]