July 26, 2023/FSDH Research FSDH Initial Reaction: Cadbury Nigeria 2Q23 results Kindly click here to download the report. Key Performance Highlights: Cadbury Nigeria reported 2Q23 revenue of N19 billion, marking a significant YoY increase of 26.2% from N15.1 billion in 2Q22, mainly driven by high domestic demand (up 28.4%), slightly […]
Results & Dividends
Post MPC July 2023: MPC Raises the MPR further by a Smaller 25bps to 18.75%
July 26, 2023/Cordros Report The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) voted to increase the Monetary Policy Rate (MPR) further by 25bps to 18.75% at its July policy meeting. In addition, the Committee voted to narrow the asymmetric corridor to +100/-300bps around the MPR (previously: […]
Unilever Nigeria Plc H1 2023: Currency Revaluation Boosts Profits
July 26, 2023/InvestmentOne Report Revenue growth: up 20.27% q/q, 23.74% y/y Decline in gross profit margin: down 3466bps q/q, down 827bps y/y Contraction in PBT margin: down 1710bps q/q, up 153bps y/y Mixed PAT margin: down 1054bps q/q, up 74bps y/y Decent Topline Performance Unilever Nigeria Plc recently released its […]
