Results & Dividends

PZ Cussons 9M’24: High FX Loss Erodes Profitability

April 4, 2024/CSL Research In its 9M 2024 (9M ended in February 2024) earnings result, PZ Cussons Plc. (PZ) recorded Revenue growth of 27.2% y/y to N110.63bn from N87.00bn in 9M 2023. Q/q PZ’s Revenue grew 14.9% y/y to N42.54bn Q3 2024 from N37.02bn in Q2 2024. The company’s Cost […]

Transcorp Group Demonstrates Robust Growth in FY 2023; Revenue Increases By 47.3%, PBT by 93.5%

April 3, 2024/Transcorp Transnational Corporation Plc (“Transcorp” or the “Group”), Nigeria’s leading listed conglomerate, announces its financial results for the year ended December 31, 2023. The Group achieved substantial growth in its financial indicators, reinforcing its market leadership and strategic positioning. In its audited results, Transcorp reported significant year-on-year growth, […]

MTNN Nigeria FY’23: MTNN Walks a Narrow Path

April 3, 2024/CSL Research In FY 2023, MTN Nigeria saw substantial growth driven primarily by double-digit increases in both voice (+10% y/y to N1.14 billion) and data revenue (+40% y/y to N1.07 billion), despite experiencing inflationary pressures on Operating Expenses (+26.80% y/y to N615.82 billion). For 2024, we anticipate MTN […]