August 1, 2023/CSL Research Dangote Cement reported a double-digit increase in Revenue by 17.7% y/y to N950.8bn in H1 2023 from N808bn in H1 2022 based on its recently released H1 2023 results. On a q/q basis, performance was impressive, as Revenue was up 33.8% q/q to N544.1bn in Q2 […]
Results & Dividends
MTNN’s Robust Operating Performance Marred by FX Losses in 2Q23
FSDH Initial Reaction: MTN Nigeria 2Q23 results Kindly click here to download the report. August 1, 2023/FSDH Key Performance Highlights: MTN Nigeria maintained its robust momentum from last year, posting double-digit growth in 2Q23. The Company recorded a 23.3% YoY revenue growth to N590.6 billion in 2Q23. The service revenue […]
Nestle Nigeria’s Revenue Growth Hampered by High Foreign Exchange Losses in 2Q23
FSDH Initial Reaction: Nestle Nigeria 2Q23 results Kindly click here to download the report August 1, 2023/FSDH Key Performance Highlights: Nestle Nigeria reported strong revenue growth of 19.2% YoY to N133.8 billion in 2Q23. The revenue growth was primarily driven by a 28.3% YoY growth in the Food segment to […]
