July 29, 2022/Cordros Report Nigerian Breweries Plc (NB) published its Q2-22 unaudited financials yesterday, reporting a standalone EPS of NGN0.64 (Q2-21: NGN0.01), bringing H1-22 EPS to NGN2.32 (H1-21: NGN0.96). The EPS growth was supported by the sturdy topline growth (+31.0% y/y) recorded in the reporting period. Revenue grew by […]
Results & Dividends
UACN Plc H1 2022 Performance Leaves Much to be Desired
July 29, 2022/CSL Research The escalating inflation and subdued output growth which is ravaging many businesses in the country did not leave UACN behind as its recently released unaudited H1 2022 results showed elevated cost pressures. The company reported 11.9% y/y growth in Revenue to N52.0bn in H1 2022 from […]
Guinness Nigeria Plc 2022FY: Earnings Bolstered by Strong Topline and Lower Net Finance Costs
July 29, 2022/Cordros Report Guinness Nigeria Plc published its 2022FY audited results after market close yesterday, delivering a Q4-22 standalone EPS of NGN0.17 (vs Loss per Share of NGN0.27 in Q4-21). For 2022FY, the EPS came in at NGN7.15 (+1146.8% y/y). The company’s achieved EPS, which is slightly below our […]
