Results & Dividends

Bua Cement H1 2024: FX Loss amidst Cost Pressures Drag Bottom-Line

July 30, 2024/CSL Research In its recently released unaudited H1 2024 results, BUA Cement reported a 64.6% y/y Revenue growth to N363.94bn in H1 2024 from N221.07bn in the prior period (H1 2023). Similarly, on a q/q basis, Revenue was up by 25.9% to N202.81bn in Q2 2024 from N161.13bn […]

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 […]