February 28, 2024/Cordros Report Nestle Nigeria Plc (NESTLE) published its 2023FY audited financials after the close of market yesterday (27 February). The result revealed a loss per share of NGN100.26 in 2023FY (vs EPS of NGN61.77 in 2022FY) due to the heavy foreign exchange loss incurred (NGN195.07 billion | 2022FY: […]
Results & Dividends
Stellantis Delivers Record Net Revenues, Net Profit, Industrial Free Cash Flows for Full Year 2023
Net revenues grew 6% y-o-y to €189.5 billion, Net profit rose 11% to €18.6 billion, and Industrial free cash flows increased 19% y-o-y to €12.9 billion February 20, 2024/Stellantis Net revenues of €189.5 billion, up 6% compared to 2022, with consolidated shipment volumes increasing 7%; Net profit grew 11% to […]
Nigerian Breweries Reports Tepid Results in FY23
FSDH Initial Reaction: Nigerian Breweries FY23 results Kindly click here to download the report. February 19, 2024/FSDH Research Key Performance Highlights: Nigerian Breweries reported an 8.9% YoY increase in revenue to N599.6 billion in FY23 against N550.6 billion in FY22, driven by a positive price mix. However, the operating profit […]
