Results & Dividends

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% […]

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 […]