FSDH Initial Reaction: Cadbury Nigeria 1Q23 results Kindly click here to download the report. April 26, 2023/FSDH Report Key Performance Highlights: Cadbury Nigeria reported strong all-around performance in 1Q23 as the company’s revenue jumped 29.5% YoY to N16.6 billion in 1Q23, and the net profit also ballooned 124.0% YoY to […]
Results & Dividends
CADBURY NIGERIA PLC – Q1 2023: Slow cost growth boosts Profit After Tax
April 25, 2023/CSL Research Cadbury Nigeria Plc’s Q1 2023 numbers showed a 29.5% y/y growth in Revenue to N16.56bn in Q1 2023 from N12.79bn in Q1 2022. The Revenue growth was largely driven by the Beverages (Bournvita and 3-in-1 Hot Chocolate drink) business segment, which contributed 70.3% of the Revenue […]
Access Holdings Plc Q1-23: Strong Funded and Non-Funded Income Supports Performance
April 25, 2023/Cordros Report Access Holdings Plc (ACCESSCORP) released its Q1-23 unaudited financials after trading hours on Thursday (20 April), revealing a double-digit EPS growth (+26.4% y/y to NGN2.06 I Q1-22: NGN1.63). The rise in the Holdco’s earnings was supported by the strong growth across its funded (+46.4% y/y) and […]
