Results & Dividends

Airtel Africa Plc FY 2024: Reduced FX Loss Drives Return to Profitability

July 25, 2024/CSL Research Airtel Africa’s Q1 2025 financials showed a decline in Revenue by 16.0%, dropping to US$1.16bn from US$1.38 billion in Q1 2024. However, on a q/q basis, total Revenue grew marginally by 3.4%, up from US$1.12 billion in Q4 2024. The y/y decline in Revenue was attributed […]

Cadbury Nigeria Plc H1 2024: Cost Pressures and FX Loss Undermine Profitability

July 25, 2024/CSL Research In its H1 2024 earnings result, Cadbury Nigeria Plc. (Cadbury) reported a 44.5% y/y and 31.0% q/q increase in Revenue to N51.44bn from N35.61bn and N21.18bn in H1 2023 and Q1 2024 respectively. Most of this growth was driven by domestic sales, which increased to N45.74bn […]

PepsiCo Declares Quarterly Dividend

July 25, 2024/PepsiCo The Board of Directors of PepsiCo, Inc. (NASDAQ: PEP) today declared a quarterly dividend of $1.355 per share of PepsiCo common stock, a 7 percent increase versus the comparable year-earlier period. Today’s action is consistent with PepsiCo’s previously announced increase in its annualized dividend to $5.42 per share […]