May 9, 2025/Cordros Report Cordros Research updates you on MTN Nigeria Communications Plc’s Q1-25 results, adjusting its year-end TP upwards by 7.5% to NGN363.01/s and maintaining a ‘BUY’ rating, with a revised revenue growth and EBITDA margin expectations, while lowering DPS forecast to NGN7.47. We update our views and estimates […]
Results & Dividends
Presco Plc Q1-25 Update: Strong Fundamentals to Drive Profitability
May 9, 2025/Cordros Report In this report, we update our outlook on PRESCO for 2025E. So far in 2025E, PRESCO carried on their strong performance from 2024FY, with Q1-25 unaudited numbers reflecting an impressive 120.4% y/y revenue growth driven by higher pricing and marked volume growth. Based on our updated estimates, […]
Emirates Emerges as the World’s Most Profitable Airline, as Profits Hit $6.2 Billion
May 8, 2025/JSP Communications Emirates Group today released its 2024-25 Annual Report, achieving new record profit, EBITDA, revenue, and cash balance levels. This outstanding performance places the Emirates Group as the most profitable aviation group globally in the 2024-25 reporting period, with Emirates reporting the best result in its history to […]
