Results & Dividends

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 […]

Unilever Nigeria Plc Q4-23: Impairment Write-Back on Trade Receivables Supports Earnings

January 22, 2024/Cordros Report Unilever Nigeria Plc (UNILEVER) published its 2023FY unaudited results on Friday (19 January), reporting an EPS from continuing operations of NGN1.20 (Q4-22: NGN1.10), bringing 2023FY EPS from continuing operations to NGN1.49 (2022FY EPS: NGN1.04). The growth in earnings in the period was supported by impairment write-back […]