Results & Dividends

Dangote Cement Plc Q2-24: Cost Pressures Further Weaken Margins

July 26, 2024/Cordros Report Dangote Cement Plc (DANGCEM) released its Q2-24 unaudited financials yesterday (25 July), reporting an EPS growth of 15.8% y/y to NGN4.57 (Q2-23: NGN3.95), bringing H1-24 EPS to NGN11.26 (H1-23: NGN10.39). The increase in EPS in the quarter was supported by a 73.3% y/y growth in topline, […]

Airtel Africa Q1 2025: Reduced FX Loss Drives Return to Profitability

July 25, 2025/CSL Research Airtel Africa’s Q1 2025 financials showed a decline in Revenue by 16.0%, dropping to US$1.16bn from US$1.38 billion in Q1 2024. However, on a q/q basis, total Revenue grew marginally by 3.4%, up from US$1.12 billion in Q4 2024. The y/y decline in Revenue was attributed […]

Airtel Africa Plc FY 2024: Reduced FX Loss Drives Return to Profitability

July 25, 2024/CSL Research Airtel Africa’s Q1 2025 financials showed a decline in Revenue by 16.0%, dropping to US$1.16bn from US$1.38 billion in Q1 2024. However, on a q/q basis, total Revenue grew marginally by 3.4%, up from US$1.12 billion in Q4 2024. The y/y decline in Revenue was attributed […]