May 8, 2025/Cordros Report GTCO released its Q1-25 results, reporting the highest EPS in the industry (NGN7.84). However, this print was a sharp decline from the EPS reported in the corresponding period (Q1-24: NGN16.23). We cite that the group recorded strong core growth (+41.1% y/y), however, the lower non-core income […]
Results & Dividends
NASCON Attributes 100% Growth in Dividend Payout, Higher Profitability to Massive Expansion Drive
… Shareholders approve N2 Per Share Dividend May 8, 2025/Dangote Group The Management of NASCON Allied Industries Plc, has attributed significant growth in the dividend payout by 100 per cent to N2 per share and the company’s impressive run during the year, ending December 31, 2024, to the successful expansion […]
Airtel Africa FY 2025: Profit Rebound Driven by Lower FX Losses
May 8, 2025/CSL Research Financial Highlights: Revenue: -0.5% y/y to US$4.96BN Direct Network Operating Costs: +5.2% y/y to US$974M OPEX: +4.2% y/y to US$1.72BN EBITDA -5.8% y/y to US$2.29BN Operating Profit: -11.2% y/y to US$1.46BN Profit before Tax: US$661BN from a Loss before Tax US$63m Stock Rating: BUY Target Price: […]
