Results & Dividends

Dangote Cement Reports Robust Results in 2Q23, Despite Headwinds

FSDH Initial Reaction: Dangote Cement 2Q23 results  Kindly click here to download the report. August 1, 2023/FSDH Key Performance Highlights: On 29 July 2023, Dangote Cement reported strong 2Q23 results. The total revenue spurted 37.8% YoY to N544.1 billion in 2Q23 (2Q22: N394.9 billion). The revenue growth was led by […]

Lafarge Africa Reports Solid Numbers in 2Q23, Despite Headwinds

FSDH Initial Reaction: Lafarge Africa 2Q23 results  Kindly click here to download the report. August 1, 2023/FSDH Key Performance Highlights: Lafarge Africa published strong numbers in 2Q23 as the revenue increased 10.3% YoY to N105.9 billion, while net profit rose marginally by 3.2% YoY to N20.5 billion. Notably, Lafarge Africa’s […]

BUACEMENT H1 2023: A Resilient Performance

August 1, 2023/CSL Research In its recently released H1 2023 results, BUA Cement reported a 17.2% y/y Revenue growth to N221.07bn in H1 2023 from N188.56bn in the prior period (H1 2022). Similarly, on a q/q basis, Revenue was up by 7.9% to N114.71bn in Q2 2023 from N106.35bn in […]