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 […]
Results & Dividends
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 […]
Airtel Africa Earnings Review Update Q1 2024: Elevated Net Finance Cost Drags PBT
July 27, 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 […]
