October 31, 2023/CSL Research In its recently released 9M 2023 results, Lafarge Africa reported a 7.1% y/y growth in Revenue to N289.08bn in 9M 2023 from N269.85bn in the prior period (9M 2022). On a q/q basis, Revenue was down 13.7% to N91.40bn in Q3 2023 from N105.86 in Q2 […]

October 31, 2023/Cordros Report United Bank for Africa Plc (UBA) published its nine-month unaudited financial report after the close of business yesterday (30 October). The report revealed that the Holdco delivered a three-digit expansion in its EPS (+295.4% y/y to NGN12.93 | 9M-22: NGN3.27). We highlight that the impressive growth […]

October 31, 2023/CSL Research FX Gain keeps Net Profit afloat In its 9M 2023 earnings results, the Revenue of UAC of Nigeria Plc. (UACN) advanced by 4.8% y/y to N81.53bn from N77.81bn in 9M 2022. This was predicated on the mixed performances of its Revenue segments. The Paints, Packaged Foods […]