March 3, 2022/FSDH Research Key Performance Highlights: Nestle Nigeria reported strong revenue growth of 22.6% YoY to N351.8 billion in FY21. The revenue growth was primarily driven by a 21.3% YoY in the Food segment to N208.2 billion, supported by a 24.4% YoY jump in the Beverage segment to N143.6 […]
Results & Dividends
Zenith Bank reports upbeat FY21 results
March 3, 2022/FSDH Research Key Performance Highlights: Zenith Bank reported good results for FY21, with the gross earnings recording a 9.9% YoY jump and the net profit growing by 6.1% YoY to N244.6 billion in FY21. The gross earnings rose 9.9% YoY to N765.6 billion in FY21, powered by a […]
Dangote Cement reports robust fourth quarter and full-year results
March 3, 2022/FSDH Research Key Performance Highlights: Dangote Cement Group revenue increased by 33.8% YoY to N1,384 billion in FY21 (2020: N1,034 billion), and 32.5% YoY in 4Q21 to N361 billion in 4Q21, outperforming its closest competitor Lafarge Africa (+27.1% YoY) comprehensively. The gross profit for the year increased by […]
