Results & Dividends

BUA Cement Plc Q1 2022: Solid Revenue Growth and Reduced Net Finance Cost Anchor Topline Growth

April 25, 2022/CSL Research BUA Cement Plc in its recently released Q1 2022 results recorded a decent performance, as it reported a 58.5% y/y Revenue growth to N96.99bn in Q1 2022 from N61.19bn in the prior period (Q1 2021). Similarly, on a q/q basis, Revenue was up by 37.7% from […]

Lafarge Africa Plc Q1 2022: Strong Q1 Performance; Hitting the Ground Running

April 22, 2022/CSL Research Following a record performance in 2021, Lafarge has continued to leverage the strong domestic demand for cement as it began the year on a strong note. Based on its recently released unaudited Q1 2022 results, Lafarge reported a 26.8% y/y Revenue growth to N90.6bn in Q1 […]

Dangote Sugar Plc FY-2021 Earnings Note

April 21, 2022/United Capital Research During the recent FY-2021 earnings season, Dangote Sugar (“DANGSUGAR” or “the company”) released its audited FY-2021 numbers showing sustained growth in Revenue, climbing 28.8% y/y to N276.1bn, from N214.3bn in FY-2020. Despite the growth in Revenue, profitability was disappointing as Net Income fell 25.9% y/y […]