Results & Dividends

Emirates Group Announces 2023-24 Results

May 15, 2024/JSP Communications The Emirates Group today released its 2023-24 Annual Report, hitting new record profit, revenue, and cash balance levels. Both Emirates and dnata saw significant profit and revenue increases in 2023-24, as the Group expanded its operations around the world to meet strong customer demand for its high-quality […]

Dangote Sugar Refinery Plc Q1-24: Weakened Fundamentals and FX Losses Undermine Profitability

May 10, 2024/Cordros Report This report provides an updated view of Dangote Sugar Refinery Plc (DANGSUGAR) for 2024E subsequent to its Q1-24 results release. DANGSUGAR recorded strong topline performance in Q1-24, supported by price increases. Nonetheless, margins and earnings faced downward pressure, indicating operational challenges amidst industry-wide issues such as […]

Airtel Africa’s Decent Operating Performance Hampered by Forex Losses in FY24

FSDH Initial Reaction: Airtel Africa Plc FY24 results  Kindly click here to download the report. May 10, 2024/FSDH Research Key Performance Highlights: Airtel Africa reported FY24 numbers on 9 May 2024. The Company recorded a 5.3% YoY revenue decline in reported currency to US$5.0 billion in FY24. It is worth […]