FSDH Initial Reaction: Lafarge Africa FY23 results  Kindly click here to download the report. March 1, 2024/FSDH Report Key Performance Highlights: Lafarge Africa reported decent sales growth despite challenging macroeconomic headwinds in FY23. Looking at the top line, the revenue grew 8.6% YoY to N405.5 billion, while the cost of […]

March 1, 2024/CSL Research In its recently released FY 2023 results, BUA Cement reported a 27.4% y/y growth in Revenue to N459.99bn in FY 2023 from N360.99bn in the prior period (FY 2022). Similarly, on a q/q basis, Revenue was up by 8.1% to N124.14bn in Q4 2023 from N114.77bn […]

March 1, 2024/CSL Research In its recently released FY 2023 results, MTN Nigeria sustained its Revenue growth momentum, reporting a 22.7% y/y growth in Revenue to N2.47tn from N2.01tn in FY 2022. On a q/q basis, Revenue increased by 13.3% to N695.90bn in Q4 2023 from N614.21bn in Q3 2023. […]