April 30, 2025/CSL Research Financial Highlights: Revenue: +57.1% y/y to ₦37.23Bn Cost of Sales: +34.1% y/y to ₦25.07Bn OPEX: +28.7% y/y to ₦2.86Bn EBITDA: +213.8% y/y to ₦10.18Bn Operating Profit: +251.0% y/y to ₦9.69Bn Profit before Tax: +181.7% y/y to ₦8.54Bn Stock Rating: HOLD, Target Price: ₦33.05/s To read full […]
Results & Dividends
MTNN Q1 2025: Strong profit recovery Driven by Lower FX Losses
April 30, 2025/CSL Research Financial Highlights: Revenue +40.5% y/y to N1.06TN Direct Network Operating Costs +33.4% y/y to 337.38BN OPEX +12.1% y/y to N227.85BN EBITDA +65.9% y/y to N492.75BN Operating Profit +96.9% y/y to N342.72BN Pre-Tax Profit rose to N202.65BN from the N575.69 Pre-Tax loss recorded in Q1 2024 Stock […]
MTNN Q1-25: Stellar Revenue Growth and FX Stabilisation Propel Earnings Recovery
April 30, 2025/Cordros Report MTN Nigeria Communications Plc (MTNN) published its Q1-25 unaudited results yesterday (29 April), reporting an EPS of NGN6.38 (vs loss per share of NGN18.63 in Q1-24). The recovery in earnings was driven by a 40.5% y/y increase in revenue and a substantial 99.2% y/y decline in […]
