Kindly click here to download the report. May 5, 2022/FSDH Research Key Performance Highlights: Dangote Sugar reported a 40.1% YoY revenue growth to N94.4 billion in 1Q22 from N67.4 billion in 1Q21, primarily driven by the 39.8% rise in the 50kg Sugar revenue segment to N91.8 billion in 1Q22. The […]
Results & Dividends
Dangote Cement reports solid financial performance, despite reduced volumes in 1Q22
Kindly click here to download the report. May 5, 2022/FSDH Research Key Performance Highlights: Dangote Cement posted a robust 24.2% YoY revenue growth in 1Q22, underperforming its competitor, Bua cement (+58.5% YoY) by a wide margin. The revenue growth was led by Nigeria (+34.3%), while the Pan-Africa (-1.8%) segment declined […]
Unilever Nigeria Plc Q1 2022 Initial Impression: Decent Performance
May 4, 2022/InvestmentOne Report Topline performance: down 1.39% q/q, up 24.54% y/y Positive gross profit margin: up 151bps and 917bps on a q/q and y/y basis respectively Mixed Opex/sales ratio at 24.65%: up 296bps q/q, down 239bps y/y Profit before tax of N2.35 billion in Q1 2022 against loss of […]
