October 29, 2021/CSL Research In its recently released 9M 2021 financials, Nigerian Breweries announced a Net Revenue growth of 32.1% y/y to N309.22bn from N234.02bn in 9M 2020. The firm’s performance continues to improve given that it has a wide-range of products that cater for all the income classes in […]
Results & Dividends
Lafarge Africa Plc 9M 2021 Revenue Growth, Deleveraging Efforts and Tax Credit Drive Profit Growth
October 28, 2021/CSL Research In its recently released 9M 2021 results, Lafarge reported a 21.9% y/y increase in Revenue to N219.2bn from N179.9bn in 9M 2020. On a q/q basis, Revenue was up marginally by 0.9% to N74.2bn in Q3 2021 from N73.5bn in Q2 2021. We believe the effect […]
Seplat Energy Grows 9M 2021 Revenue by 18.7% to N182.7Bn
…Pay $0.025 Dividend for Q3 October 28, 2021/Seplat Seplat Energy Plc (“Seplat Energy” or “the Company”), a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, has reported a nine month (Q3) 2021 revenue of N182.7bn, representing a rise of 18.7 per […]
