Results & Dividends

Dangote Cement FY 2022: A Resilient Performance in 2022

February 27, 2023/CSL Research Dangote Cement Plc reported an increase in Revenue of 17% y/y to N1.62trn in FY 2022 from 1.38trn recorded in 2021. On a q/q basis, Revenue was up by 19.5% to N441.07bn in Q4 2022 from N369.22bn in Q3 2022.  However, as of writing, the management […]

BUACEMENT FY 2022: A Strong Performance in 2022

February 27, 2023/CSL Research BUA Cement’s FY 2022 numbers were strong, as Revenue grew 40.3% y/y to N360.99bn in FY 2022 from N257.33bn in the prior period (FY 2021). On a q/q basis, Revenue was up by 32.9% to N98.39bn in Q4 2022 from N74.04bn in Q3 2022. BUA Cement […]

Nigerian Breweries’ solid operational result marred by foreign exchange losses in FY22

February 27, 2023/FSDH Research FSDH Initial Reaction: Nigerian Breweries FY22 results  Kindly click here to download the report. Key Performance Highlights: Nigerian Breweries reported a solid result for FY22. The company reported a robust 25.9% YoY revenue growth in FY22 on the back of a robust YoY rise in 9M22 […]