Results & Dividends

Dangote Cement Delivers Robust FY23 Results

FSDH Initial Reaction: Dangote Cement FY23 results  Kindly click here to download the report. March 4, 2024/FSDH Research Key Performance Highlights: Dangote Cement Group revenue increased by 36.4% YoY to N2,208.1 billion in FY23 (FY22: N1,618.3 billion) and 57.2% YoY in 4Q23 to N693.5 billion. The FY23 revenue growth was […]

Bua Cement’s Solid Topline Growth Marred by FX Losses in FY23

FSDH Initial Reaction: BUA Cement FY23 results  Kindly click here to download the report. March 4, 2024/FSDH Research Key Performance Highlights: BUA Cement reported strong operating performance in FY23 as its revenue jumped 27.4% YoY to N460.0 billion, outperforming Lafarge Africa’s (closest peer) 8.6% YoY revenue growth in FY23. However, […]

NGX Group Declares N5.2 Billion PAT, N1.5Bn Dividend in FY 2023 Financial Results

March 4, 2024/NGX Nigerian Exchange Group Plc (NGX Group or the Company) is pleased to announce its full-year Audited Financial Statements for the year ended 31 December 2023, with a profit after tax of N5.2 billion and a declaration of a final dividend of N1.5 billion.   The Group experienced […]