October 30, 2023/Cordros Report Nestle Nigeria Plc (NESTLE) published its Q3-23 unaudited results on Friday (27 October), revealing a 44.3% y/y decrease in Q3-23 standalone PAT with an EPS of NGN8.72 (Q3-22: NGN15.65). The EPS decline in the quarter was primarily due to the substantial FX loss (NGN3.67 billion | […]

October 30, 2023/FSDH Update Fidson Healthcare Plc (“Fidson” or the “Company”) Series 5 & 6 Commercial Paper (“CP”) of up to ₦5 Billion under its ₦10 billion CP Programme (the “Programme”) is Now Open and scheduled to close on Monday, 6 November 2023. Fidson is one of the leading pharmaceutical manufacturing companies in Nigeria. The Company […]

October 30, 2023/Cordros Report PRESCO published its Q3-23 unaudited financials on Friday (27 October), revealing a significant increase (+249.5% y/y) in standalone EPS to NGN8.40 in Q3-23 (Q3-22: NGN2.40), underpinned by impressive revenue growth (+64.6% y/y) and lower net finance costs (-5.3% y/y). For 9M-23, the EPS printed NGN23.47 (9M-22: NGN15.88), recording an increase […]