July 30, 2025/Cordros Report Presco Plc (PRESCO) released its unaudited financial statements for Q2-25 this morning (30 July), reporting a strong standalone EPS of NGN41.14, significantly higher than NGN14.82 recorded in Q2-24. This robust earnings performance was primarily underpinned by an exceptional topline expansion, with revenue growing by 130.8% y/y […]
Results & Dividends
BUA Cement Plc H1-25: Earnings Momentum Priced In, Downgraded to SELL
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 […]
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 […]
