FSDH Initial Reaction: Stanbic IBTC 1Q24 results Kindly click here to download the report. April 26, 2024/FSDH Research Key Performance Highlights: Stanbic Bank’s 1Q24 total Income significantly increased 70.7% YoY to N138.2 billion, compared to N81.0 billion in 1Q23. This growth was primarily attributable to higher Net Interest Income (up […]
Results & Dividends
Guinness Nigeria Reports Robust Top-Line Growth in 3Q24, FX Losses Continue to Drag Bottom-Line
FSDH Initial Reaction: Guinness Nigeria 3Q24 results Kindly click here to download the report. April 26, 2024/FSDH Research Key Performance Highlights: On 25 April 2024, Guinness Nigeria reported a mixed set of numbers for 3Q24, with a massive revenue growth of 43.8% YoY to N77.7 billion in 3Q24, while reporting […]
Dangote Cement Q1’24: Strong Sales Volume from Nigerian Operations Drives Topline Growth
April 26, 2024/CSL Research Dangote Cement’s unaudited Q1 2024 results showed a 101% y/y growth in Revenue, reaching N817.35 billion compared to N406.72 billion in Q1 2023. Q/q, the company’s performance remained robust, with Revenue increasing by 17.9% from Q4 2023’s N693.49 billion. This remarkable growth is attributed to a […]
