July 29, 2021/Cordros Report NESTLE published its Q2-21 unaudited financials after market close yesterday. The result showed that the company’s EPS declined by 12.2% y/y to NGN11.77 in Q2-21 (Q2-20: NGN13.41), mainly due to a spike in finance cost. Revenue grew by 19.1% y/y in Q2-21 (H1-21: 21.6% y/y), […]
Results & Dividends
Lafarge Africa Plc H1 2021: Walking on a Solid Path
July 29, 2021/CSL Research Following an improved performance in Q1 2021, Lafarge Africa Plc sustained growth in its H1 2021 earnings results, reporting a 20.3% y/y increase in Revenue to N145.0bn from N120.5bn in H1 2020. Growth from both Cement Sales (up 19.3% y/y to N141.4bn) and Aggregates & Concrete […]
FCMB Group Says H1 2021 Profit Declines -22% to N7.6 Billion
July 29. 2021 By Pascal IJEH InvestAdvocate Lagos (INVESTADVOCATE)- FCMB Group Plc said on Thursday its half-year profit for the period June 30, 2021 declined 22 percent to N7.6 billion from N9.7 billion recorded the same period of 2020, the lender said in a filing with the Nigerian Exchange Group […]
