Results & Dividends

Airtel Africa Earnings Review Update Q1 2024: Elevated Net Finance Cost drags PBT

July 28, 2023/CSL Research Airtel Africa Q1 2024 numbers were buoyed largely by growth in voice revenue (+1.9% y/y to US$621m) and data revenue (+16.3% y/y to US$486m) amidst an inflationary growth in Direct Network Operating Costs (+16.5% y/y to US$268m). However, the company’s bottom line performance was heavily impacted […]

Seplat Energy Records N140.6Bn Gross Profit in 2023 H1

… Declares US 3 Cents Q2 Dividend Per Share July 28, 2023/Seplat Energy Plc Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, announces its unaudited results for the six months ended 30 June 2023, recording a rise in revenue by 3.8 per cent […]

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% […]