March 2, 2026/Cordros Report Dangote Cement Plc (DANGCEM) released its 2025FY audited results on 28 February, reporting a 101.3% y/y increase in EPS to NGN59.86 (2024FY: NGN29.74). The earnings expansion was driven by a 20.3% y/y growth in revenue, alongside a 741bps y/y expansion in EBITDA margin to 46.0%. The […]
Results & Dividends
BUA Cement Plc 2025FY: Strong Revenue and Margin Expansion Drive Earnings Surge
March 2, 2026/Cordros Report BUA Cement Plc (BUACEMENT) published 2025FY audited financials after market close on 27 February, reporting EPS growth of 381.7% y/y to NGN10.51 (2024FY: NGN2.18). The earnings surge was driven by revenue growth of 34.6% y/y, a sharp expansion in EBITDA margin (+16.75ppts y/y), and an 89.5% […]
MTN Nigeria 2025FY: Data Demand, Tariff Adjustments, Cost Efficiencies and FX Gains Drive Earnings Recovery
February 27, 2026/Cordros Report MTN Nigeria Communications Plc (MTNN) published 2025FY audited financials yesterday (26 February) after close of business, reporting an EPS of NGN53.07 vs a loss per share of NGN19.05 in 2024FY (Q4-25: +216.7% y/y to NGN17.29). The sharp earnings recovery was underpinned by revenue growth of 54.9% […]
