October 28, 2021/CSL Research In its recently released Q1 2022 financials, Guinness Nigeria announced a Revenue growth of 58.1% y/y to N47.47bn from N30.02bn in Q1 2021. Guinness Nigeria Plc has a 30 June accounting year-end. The performance reflects a sustained growth in topline performance from the FY 2021 position, occasioned […]
Results & Dividends
Guinness Nigeria Plc Q1-22: Strong Top-Line Performance Bolsters Earnings Recovery
October 28, 2021/Cordros Report GUINNESS published its Q1-22 unaudited results after the close of market yesterday, reporting an EPS of NGN1.85 in Q1-22 vs Loss Per Share of NGN0.38 in Q1-21. The positive outturn in EPS was driven by the solid top-line growth (+58.1% y/y) amid the moderation in net finance cost […]
Honeywell Flour Mills Plc H1 2022: Cost Pressure Weighs on Profitability
October 27, 2021/CSL Research In its recently released H1 2022 scorecard, Honeywell flour mills plc’s Revenue grew 19.3% y/y in H1 2022 to N67.91bn from N56.91bn in the corresponding period in 2021. The business reported growth across all its Revenue units – Apapa (up 19.4% y/y to N53.0bn), Sagamu (up […]
