October 27, 2023/CSL Research Cadbury Nigeria Plc. (Cadbury) reported a 39.2% y/y growth in Revenue to N59.2bn in 9M 2023 from N42.54bn in 9M 2022 financial result. All the revenue segments showed growth in the period. The Refreshment Beverage, Confectionary and Intermediate Cocoa Products appreciated by 106.6%, 54.6% and 169.7% […]
Results & Dividends
Access Holdings Plc 9M-23: Funded and Non-Funded Income Growth Boosts Earnings
October 26, 2023/Cordros Report Access Holdings Plc (ACCESSCORP) published its 9M-23 unaudited financial statements after the close of business yesterday (25 October), reporting a 78.8% y/y increase in EPS to NGN6.92 (9M-21: NGN3.87). This earning expansion was driven by the gains across the group’s funded (+83.3% y/y) and non-funded (+63.7% y/y) […]
Guinness Nigeria Plc Q1-24: Earnings Impacted by Higher Net Finance Costs
October 26, 2023/Cordros Report Guinness Nigeria Plc (GUINNESS) published its unaudited Q1-24 results after market close yesterday (25 October), reporting a 5.6% y/y decline in EPS to NGN1.19 (Q1-23: NGN1.25) undermined by higher net finance costs (+117.8% y/y). Adjusting for the export expansion grant (NGN1.35 billion), the company reported an […]
