Results & Dividends

Seplat Energy Delivers Underwhelming Results in 3Q’22

FSDH Initial Reaction: Seplat 3Q22 results  Kindly click here to download the report November 2, 2022/FSDH Research Key Performance Highlights: Seplat Energy reported weak 3Q22 results with revenues dropping 36.5% YoY to N39.5 billion, while the net loss widened further to N1.6 billion versus N222 million in 3Q21. The oil […]

Flour Mills’ Robust Top-Line Performance Dampened by Rising Costs in8 2Q23

FSDH Initial Reaction: Flour Mills 2QFY23 results Kindly click here to download the report. November 2, 2022/FSDH Research Key Performance Highlights: Flour Mills recorded an impressive 31.8% YoY increase in revenue to N381.0 billion in 2Q23, driven by robust growth across the segments via continuous product innovation and improved capacity […]

Nestle Nigeria Reports Robust Top-Line Performance in 3Q’22

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 […]