May 8, 2025/Cordros Report Airtel Africa Plc (AIRTELAFRI) published their 2025FY audited results today (08 May), reporting an EPS of USD0.06 (vs loss per share of USD0.04 in 2024FY). The turnaround in earnings largely reflects a 51.7% y/y decline in total finance cost to USD821.97 million (2024FY: USD1.70 billion). Meanwhile, […]
Results & Dividends
First HoldCo Plc Q1-25 Update: Solid Funded Income to Sustain Earnings
May 8, 2025/Cordros Report FIRSTHOLDCO released its Q1-25 results reporting a 3.3% y/y growth in gross earnings, fueled by growth in core income (+40.2% y/y) which offset the decline in non-core income (-60.0% y/y). Consequently, profitability came in lower due to the lower non-funded income with PBT and PAT dipping […]
TotalEnergies Marketing Nigeria Plc Q1-25 Update: Reduced Volume Growth Outlook Drives Earnings Revision
May 8, 2025/Cordros Report In this report, we update our outlook and estimates for TOTAL for 2025E. So far this year, the company’s performance has been underwhelming, with a loss per share of NGN0.35 reported in Q1-25, reflecting a decline in revenue (-17.9% y/y) and still biting cost pressures (-16.0% […]
