July 24. 2025/CSL Research Financial Highlights: Revenue: +45.5% y/y to ₦430.21Bn Cost of Sales: +36.4% y/y to ₦378.54Bn OPEX: +72.2% y/y to ₦13.82Bn EBITDA: +214.7% y/y to ₦51.70Bn Operating Profit: +268.9% y/y to ₦38.10Bn Loss before Tax: -89.5% y/y to ₦22.11Bn Dangote Sugar Refinery Plc (DSR) reported a 45.5% year-on-year […]
Results & Dividends
Airtel Africa Plc Q1-26: Nigeria OpCo Performance Drives Marked Profitability Growth
July 24, 2025/Cordros Report Airtel Africa Plc (AIRTELAFRI) released their Q1-26 unaudited financial results today (24 July), reporting an EPS of USD3.40 (Q1-25: USD0.18). The improvement was primarily driven by a strong uptick in operating income (+33.0% y/y) and a 33.9% y/y decline in total finance costs. AIRTELAFRI’s group revenue increased […]
Bulls Sustain Hold as Nigerian Stocks Gain +0.5%, Buoyed by FIRSTHOLDCO, PRESCO
July 24, 2025/Cordros Report EQUITIES The bulls continued to dominate the domestic bourse, as buying interests in FIRSTHOLDCO (+9.8%), and PRESCO (+8.2%) drove the All-Share Index higher by 0.5% to 133,199.99 points. Consequently, the Month-to-Date and Year-to-Date returns settled higher at +11.0% and +29.4%, respectively. The total volume traded rose […]

