July 30, 2024/Cordros Report Lafarge Africa Plc (WAPCO) released its Q2-24 unaudited results yesterday (29 July), reporting an EPS growth of 17.9% y/y to NGN1.50 (Q2-23: NGN1.27). The growth was driven by a 49.1% y/y increase in revenue. However, for H1-24, EPS declined by 17.3% y/y to NGN1.82 (H1-23: NGN2.20), influenced by […]
Results & Dividends
Nestle Nigeria Plc Q2-24: Exchange Losses Drive Negative Earnings
July 30, 2024/Cordros Report NESTLE published its Q2-24 unaudited results after market close yesterday (29 July), reporting a lower loss per share of NGN43.18 (Q2-23: NGN83.50) translating to a loss per share of NGN223.19 in H1-24 (vs loss per share of NGN63.06 in H1-23). The performance in the period was […]
International Breweries Plc Q2-24: Profitability Inhibited by Higher OPEX and FX Loss
July 29, 2024/Cordros Report International Breweries Plc (INTBREW) published its Q2-24 unaudited results today, reporting a loss per share of NGN1.76 in Q2-24 (Q2-23: NGN0.79), translating to a H1-24 loss per share of NGN3.98 (vs loss per share of NGN0.88 in H1-23). The brewer’s performance was notably affected by a […]
