Results & Dividends

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 […]

GTCO Plc Q1-25 Update: We Model a Modest Profitability Growth

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 […]

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 […]