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 […]

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 […]

February 19, 2024/Cordros Report Nigerian Breweries Plc (NB) published its 2023FY audited financials after close of market on Friday, 16 February, reporting a loss per share of NGN12.80, a sharp contrast to the earnings per share of NGN1.58 in 2022FY. The weak performance in the period was driven by the […]