Results & Dividends

Nigerian Breweries Plc Q3-25: Q3 Earnings Pressured by Elevated OPEX and Impairment Charge

October 23, 2025/Cordros Report Nigerian Breweries Plc (NB) published their Q3-25 unaudited results yesterday, reporting a loss per share of NGN0.13 (Q3-24: loss per share of NGN6.35), primarily due to a one-off impairment charge of NGN6.08 billion arising from post-acquisition fair value adjustments linked to the full integration of Distell […]

Guinness Nigeria Plc Q3-25: Resilient Operating Performance Underpins Strong Earnings

October 23, 2025/Cordros Report Guinness Nigeria Plc (GUINNESS) published their 15M-25 unaudited results after market close yesterday, posting an EPS of NGN4.60 in Q3-25 (Q3-24: NGN1.19). Consequently, EPS for the 15-month period settled at NGN12.00. The performance in the period was driven by strong topline growth, improved margins, and lower […]

Lafarge Africa 9M 2025: Lafarge Africa Delivers Strong Earnings Growth in 9M 2025

October 23, 2025/CSL Report Financial Highlights: Revenue +62.8% y/y to N780.49BN Cost of Sales (ex-depreciation) +35.6% y/y to N300.42BN OPEX (ex-depreciation) +48.2% y/y to N160.53BN Gross Profit +86.1% y/y to N480.07BN EBITDA +113.5% y/y to 323.85BN EBITDA Margin +9.9ppts to 41.49% Operating Profit +129.4% y/y to N298.41BN Profit before Tax […]