Results & Dividends

Guinness Nigeria Plc: 2023FY Earnings Weighed by Higher Net Finance Cost

July 28, 2023/Cordros Report Guinness Nigeria Plc (GUINNESS) published its 2023FY audited results after market close yesterday (27 July), reporting a loss per share of NGN8.29 (vs EPS of NGN7.15 in 2022FY). The negative outturn in earnings resulted from higher net finance charges.   GUINNESS reported revenue growth of 10.9% […]

TotalEnergies Q2-23: Topline Growth Ensures Profitability Despite Elevated Cost Pressures

July 28, 2023/Cordros Report TotalEnergies Marketing Nigeria Plc (TOTAL) published its Q2-23 unaudited financials yesterday (27 July), reporting an 11.1% y/y growth in Q2-23 standalone EPS to NGN13.62/s (Q2-22: NGN12.26/s), supported primarily by the 25.1% y/y growth in revenue. Accordingly, the H1-23 EPS came in at NGN25.88 (H1-22: NGN25.12). Revenue […]

Airtel Africa’s robust operating performance dampened by FX losses in 1Q24

FSDH Initial Reaction: Airtel Africa Plc 1Q24 results  Kindly click here to download the report. July 27, 2023/FSDH Key Performance Highlights: Airtel Africa reported robust 1Q24 numbers on 27 July 2023. The Company recorded a 9.6% YoY revenue growth in reported currency to US$1,377 million in 1Q24 (+20.4% in constant […]