July 30, 2025/Cordros Report We update our view on BUA Cement Plc (BUACEMENT) following a review of the company’s H1-25 performance. During the period, revenue grew by 59.4% y/y, EBITDA margin expanded by 20.28 ppts to 46.5% and earnings per share (EPS) surged by 428.1% y/y to NGN5.34. On the […]
Results & Dividends
Nestle Nigeria Plc H1 2025; Good Half Year Performance despite Q2 2025 Revenue Dip
July 30, 2025/CSL Research Financial Highlights: Revenue: +42.8% y/y to ₦581.12Bn Cost of Sales: +27.4% y/y to ₦356.17Bn OPEX: +47.4% y/y to ₦95.12Bn EBITDA: +96.3% y/y to ₦148.60Bn Operating Profit: +106.8% y/y to ₦130.44Bn Profit After Tax: +128.6% y/y to ₦50.57Bn Stock Rating: Under Review In its recently released H1 […]
Seplat Energy’s H1 2025 Revenue Rises to N2.167 Trillion
… Declares US 4.6 Cents Dividend Per Share for the Quarter July 30, 2025/Seplat Energy Plc Seplat Energy PLC, leading Nigerian independent energy Company listed on both the Nigerian Exchange and the London Stock Exchange, has announced its unaudited results for the six months ended 30 June 2025, recording a revenue of N2.167 trillion for […]

