FSDH Initial Reaction: Nestle Nigeria 3Q22 results Kindly click here to download the report November 1, 2022/FSDH Research Key Performance Highlights: Nestle Nigeria reported strong revenue growth of 23.2% YoY to N111.0 billion in 3Q22. A strong showing across both segments drove the performance. The revenue growth was primarily driven […]
Results & Dividends
Dangote Cement Posts Double-Digit Revenue Growth, but Rising Costs Shrink Bottom Line in 3Q’22
FSDH Initial Reaction: Dangote Cement 3Q22 results Kindly click here to download the report. November 1, 2022/FSDH Research Key Performance Highlights: Dangote Cement posted an 11.3% YoY revenue growth in 3Q22, underperforming its competitor, Bua cement (+18.2% YoY) and Lafarge Africa (+12.2% YoY). The revenue growth was led by Nigeria […]
Bua Cement Maintains Top-Line Momentum, but Rising Costs Play Spoilsport in 3Q’22
FSDH Initial Reaction: BUA Cement 3Q22 results Kindly click here to download the report. November 1, 2022/FSDH Research Key Performance Highlights: BUA Cement continues to report strong revenue growth, with revenue jumping 18.2% YoY, while profit after tax declined 43.8% YoY in 3Q22. Moreover, the company recorded a subdued performance […]
