Results & Dividends

Guinness Nigeria’s Good Top-Line Performance Continues to be Dampened by FX Losses in 2Q24

FSDH Initial Reaction: Guinness Nigeria 2Q24 results  Kindly click here to download the report. January 26, 2024/FSDH Research Key Performance Highlights: Guinness Nigeria reported a mixed set of numbers for 2Q24. The company recorded revenue growth of 26.6% YoY to N83.1 billion in 2Q24 from N65.6 billion in 2Q23, while […]

Guinness Nigeria Plc Q2-24: Higher Net Finance Costs Wipes Topline Gains

January 25, 2024/Cordros Report Guinness Nigeria Plc (GUINNESS) published its unaudited Q2-24 results this afternoon, showing a standalone loss per share of NGN3.57 (vs EPS of NGN0.58 in Q2-23) translating to a loss per share of NGN2.39 in H1-24 (H1-23 EPS: NGN1.84). The negative outturn in earnings was primarily due […]

Unilever Delivers Solid Performance in FY23

FSDH Initial Reaction: Unilever Nigeria FY23 results Kindly click here to download the report. January 23, 2024/FSDH Research Key Performance Highlights: Unilever Nigeria reported a solid set of results with revenue growth of 50.7% YoY to N97.4 billion and a net profit increase of 91.3% YoY to N8.5 billion in […]