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 […]

Lafarge Africa Delivers Strong Revenue Growth YoY, Marred by Rising Costs in 3Q’22

FSDH Initial Reaction: Lafarge Africa 3Q22 results  Kindly click here to download the report. November 1, 2022/FSDH Research Key Performance Highlights: Lafarge Africa continued to report double-digit revenue growth in 3Q22, with the revenue jumping 12.2% YoY, but underperforming its close competitor, BUA Cement (+18.2% YoY). Lafarge Africa’s revenues grew […]