Results & Dividends

Dangote Sugar Refinery Plc Q3-22 Update: Resilient Showing in 9M-22; We are now OVERWEIGHT

November 11, 2022/Cordros Report As of 9M-22, DANGSUGAR posted solid numbers despite elevated cost pressures, specifically from its key input (raw sugar), and the challenging business environment. We like that the company could significantly grow its revenue and maintain margin expansions despite the aforementioned headwinds. Considering the resilience shown so […]

Nestle Nigeria Plc Q3-22 Update 2022FY: We Remain Optimistic Despite Cost Pressures

November 11, 2022/Cordros Report NESTLE put out impressive numbers in 9M-22, reflective of our expectations for the food producer, as stated in our previous update, driven by the company’s resilience despite the increasingly competitive landscape. However, margins have maintained a downtrend through the year, driven by increased cost pressures due […]

UAEREP’s Fifth Cycle to Focus on ‘Enhancing Cloud Formation’

November 11, 2022/Aetoswire The National Center of Meteorology, today announced at a press conference at UAE pavilion at COP27 in Sharm El Sheikh the targeted research areas for the Fifth Cycle research projects of the UAE Research Program for Rain Enhancement Science (UAEREP), with a focus on two high-priority areas:  […]