FSDH Initial Reaction: Presco FY23 results Kindly click here to download the report. February 1, 2024/FSDH Research Key Performance Highlights: On January 31, 2024, Presco posted solid FY23 numbers, marked by solid revenue growth and improved margins driven by effective cost management. The Company experienced a substantial increase in revenue, […]
Results & Dividends
International Breweries Plc Q4-23: Huge FX Loss and Net Finance Costs Pressures Profitability
January 31, 2024/Cordros Report International Breweries Plc (INTBREW) published its 2023FY unaudited results yesterday (30 January). The report showed a higher loss per share of NGN1.26 in Q4-23 (vs a loss per share of NGN0.84 in Q4-22), translating to a loss per share of NGN2.21 in 2023FY (vs loss per […]
Presco Plc FY 2023: Sturdy Performance Despite Drop in Q4 Numbers
January 31, 2024/CSL Research Presco Plc (PRESCO) in its unaudited FY 2023 results reported a 27.3% y/y growth in Revenue to N103.14bn from N81.03bn (FY 2022). However, on a q/q basis, Revenue was down 8.8% to N26.3bn (Q4 2023) from N28.8bn (Q3 2023). This may be due to a decline […]
