FSDH Initial Reaction: Seplat FY23 results Kindly click here to download the report March 1, 2024/FSDH Research Key Performance Highlights: Seplat published robust FY23 results, with production increasing 8% YoY. During the year, Seplat’s revenue exhibited a 72.5% YoY increase, amounting to N696.9 billion, up from N403.9 billion in FY22. […]
Results & Dividends
Lafarge Africa Reports Mixed Results in FY23
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 […]
Bua Cement FY 2023: FX Losses Drag PAT
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 […]

