August 2, 2022/Cordros Report FLOURMILL published its Q1-23 unaudited results today, reporting EPS of NGN1.37 (Q1-22: NGN1.17), underpinned by solid revenue growth of 45.3% y/y in the period. Revenue grew by 45.3% y/y driven by substantial growth across the Food (+45.1% y/y), Agro-Allied (+37.7% y/y), Sugar (+64.1% y/y), and Support […]
Results & Dividends
Dangote Cement H1 2022: Price increments Support Topline Growth but Bottomline…
August 1, 2022/CSL Research Dangote Cement reported a double-digit Revenue growth of 17.0% y/y to N808.0bn in H1 2022 from N690.5bn in H1 2021, based on its recently released H1 2022 results. On a q/q basis, growth between Q2 and Q1 2022 moderated, as Revenue was down by 4.4% q/q […]
International Breweries Plc Q2-22: Earnings Growth Pressured by Higher Finance and OPEX Costs.
August 1, 2022/Cordros Report International Breweries Plc (INTBREW) published its Q2-22 unaudited financials on Friday (July 29), reporting a lower Loss per Share of NGN0.01 in Q2-22 (vs Loss per Share of NGN0.42 in Q2-21). However, the H1-22 EPS printed NGN0.01 (vs Loss per Share of NGN0.52 in H1-21), on […]
