October 29, 2021/Cordros Report DANGCEM published 9M-21 audited financials this morning, reporting growth of 4.9% y/y in Q3-21 standalone PAT while EPS grew by 4.5% y/y to N5.02, bringing 9M-21 EPS to NGN16.23 (+32.5% y/y). On an annualized basis, the company’s 9M-21 EPS is 33.3% ahead of the 2020FY EPS […]

October 29, 2021/Cordros Report TOTAL published its Q3-21 results earlier today, reporting Q3-21 standalone EPS of NGN15.67 (Q3-20: NGN3.06) and 9M-21 EPS of NGN39.43 (9M-20: NGN1.47). Adjusting for net foreign exchange gain, the company reported an EPS of NGN10.16, bringing the 9M-21 adj. EPS to NGN33.91. Revenue in the period […]

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 […]