August 01, 2025/InvestmentOne Report Nigerian Breweries Plc delivered a strong performance in H1:2025, recording revenue of NGN 738.14 billion, a 53.88% increase from NGN 479.77 billion in H1:2024. This result builds on the company’s record FY:2024 revenue of NGN 1.08 trillion, which had grown by 80.85% from NGN 599.64 billion […]
Results & Dividends
Aradel Plc H1 2025: Earnings Boosted by Higher Volumes Despite Margin Pressures
August 01, 2025/InvestmentOne Report Aradel Holdings Plc delivered commendable top-line growth in H1:2025, with revenue reaching NGN368.08bn, representing a 37.18% increase from NGN268.31bn in H1:2024. This growth primarily stemmed from higher crude oil output and expanded refined product sales. Despite this revenue growth, the company faced significant margin compression, evidenced […]
Dangote Cement Plc H1-25 Update: Earnings Momentum Intact, Limited Valuation Upside
August 01, 2025/Cordros Report In this note, we revise our 2025E outlook on Dangote Cement (DANGCEM) following a robust H1-25 performance. During the period, the company reported modest topline growth (+17.7% y/y), improved EBITDA margin (+781bps y/y to 45.6%) and a 173.1% surge in EPS to NGN30.47. Building on this […]
