Results & Dividends

NASCON Allied Industries Plc Q1-23: Stellar Topline Supports Profitability

April 26, 2023/Cordros Report NASCON Allied Industries Plc (NASCON) published its Q1-23 unaudited financials earlier today, in which the company reported an EPS of NGN0.62 (Q1-22: NGN0.15), following a sturdy growth in the topline (+57.1% y/y). Revenue grew by 57.1% y/y in Q1-23. We believe the higher sales outturn in […]

Unilever Reports Solid Performance in 1Q23

FSDH Initial Reaction: Unilever Nigeria 1Q23 results Kindly click here to download the report April 26, 2023/FSDH Research Key Performance Highlights: Unilever Nigeria recorded a robust 19.7% YoY increase in revenue to N24.6 billion in 1Q23, powered by a 41.2% spurt in Food Products, supported by a marginal 1.4% increase […]

Access Holdings Maintains Robust Performance in 1Q23

FSDH Initial Reaction: Access Holdings 1Q23 results  Kindly click here to download the report April 26, 2023/FSDH Research Key Performance Highlights: Access Holdings recorded a strong 43.7% YoY rise in gross earnings to N424.9 billion in 1Q23, primarily driven by a 56.6% YoY jump in interest income calculated using the […]