FSDH Initial Reaction: Airtel Africa Plc FY24 results Kindly click here to download the report. May 10, 2024/FSDH Research Key Performance Highlights: Airtel Africa reported FY24 numbers on 9 May 2024. The Company recorded a 5.3% YoY revenue decline in reported currency to US$5.0 billion in FY24. It is worth […]
Results & Dividends
Airtel Africa FY 2024: FX Headwinds Dampen Profitability
May 9, 2024/CSL Research Airtel Africa’s FY 2024 financials showed a decline in Revenue by 5.3% to US$4.98bn from US$5.26bn in FY 2023. On a q/q basis, Total Revenue declined by 9.7% to US$1.12bn in Q4 2024 from US$1.24bn in Q3 2024. The company attributed the decline in Revenue to […]
BUA Cement Plc Q1-24: Cost Pressures Compel TP Revision
May 9, 2024/Cordros Report We update our views on BUACEMENT in this report, accounting for the performance witnessed in the first quarter of the year. BUACEMENT’s revenue grew by 51.5% y/y in Q1-24, which we believe was driven by volume growth and likely price increases. However, we note that heightened […]
