July 29, 2024/United Capital Research Unilever Nigeria Plc HY 2024: Sustaining Profitability Through Strategic Initiatives: A Case Study on Boosting FX Earnings and Exiting Unprofitable Segments Unilever Nigeria Plc (“the company”) maintained strong and impressive turnover rate in six months (H1-2024) of 2024 (up by 40.9% y/y, from N45.35bn in […]
Results & Dividends
Okomu Plc H1 2024: Impressive Half-Year, Seasonality Effect Drags Q2
July 29, 2024/CSL Research Okomu Oil Palm Plc (OKOMUOIL) reported an impressive 84.8% y/y growth in Revenue for the first half of 2024, reaching N75.01bn, up from N40.60bn in H1 2023. Despite this robust performance, Revenue declined by 27.5% quarter-on-quarter to N31.53bn in Q2 2024, down from N43.48bn in Q1 […]
Guinness Nigeria Plc FY 2024: Cost, FX Pressures Colour Financial Year Red
July 29, 2024/CSL Research Guinness Nigeria Plc reported a 30.5% year-on-year increase in revenue for the fiscal year 2024 (July–June), rising to N299.49 billion from N229.44 billion in FY 2023. The company’s top-line performance improved slightly q/q, up 1.9%. The y/y growth in Revenue was largely driven by a price […]
