July 31, 2024/CSL Research Nigerian Breweries’ H1 2024 financial results revealed a strong 72.9% y/y increase in Revenue, reaching N479.77bn from N277.42bn (H1 2023). Also, on a q/q basis the company’s Revenue grew by 11.2%. This new revenue milestone in H1 2024 is primarily attributed to an approximate 43% overall […]
Results & Dividends
Nigerian Breweries Plc Q2-24: Higher Costs and FX Loss Pressures Earnings
July 31, 2024/Cordros Report Nigerian Breweries Plc (NB) published its Q2-24 unaudited financials yesterday (30 July). The results showed a lower loss per share of NGN3.21 (Q2-23: NGN4.44). However, for H1-24, the loss per share increased to NGN8.21 (H1-23: NGN5.70), impacted by ongoing cost pressures and foreign exchange losses. […]
Flour Mills of Nigeria Plc Q1-25: Earnings Supported by Solid Revenue Performance
July 31, 2024/Cordros Report FLOURMILL published its Q1-25 unaudited results yesterday (30 July), reporting EPS of NGN1.94 (vs loss per share of NGN2.49 in Q1-24), underpinned by robust revenue performance (+ 67.2% y/y) in the period. Revenue grew by 67.2% y/y in Q1-25, driven by substantial growth across the Food […]
