July 30, 2024/CSL Research In its Q1 2025 (3M ended 30-June-2024) earnings result, Flour Mills of Nigeria Plc’s Revenue was up 67.2% y/y and 4.2% q/q to N763.19bn from N456.38bn and N732.36bn in Q1 2024 and Q4 2024 respectively. This growth in revenue was driven by price increases across all […]
Results & Dividends
International Breweries Plc H1 2024: High FX Loss Wipes off Half Year Progress
July 30, 2024/CSL Research International Breweries’ H1 2024 unaudited numbers showed double-digit Revenue growth of 92.2% y/y to N223.2bn from N116.13bn (H1 2023). On a q/q basis, Revenue was up 16.2% to N119.98bn from N103.22bn (Q1 2024). We believe the topline growth was mainly driven by the c.23.5% price increase […]
Presco Plc Q2-24: Higher Revenue Drives Earnings Growth
July 30, 2024/Cordros Report Presco Plc (PRESCO) published their Q2-24 unaudited financials yesterday (29 July), reporting a standalone EPS of NGN14.82 (Q2-23: NGN5.12), underpinned by impressive revenue growth (+73.9% y/y). As a result, the H1-24 EPS printed NGN38.88 (H1-23: 15.08). Revenue grew by 73.9% y/y in Q2-24 (H1-24: +83.1% […]
