Afreximbank reported strong financial performance despite a complex global economic landscape marked by geopolitical tensions, inflationary pressures, and elevated interest rate April 15, 2025/Afreximbank African Export-Import Bank (“Afreximbank” or the “Group”) has released the consolidated financial statements of the Bank and its subsidiaries, for the year ended 31 December 2024. […]
Results & Dividends
Access Holdings Plc. FY 2024 Results: Key Highlights
April 16, 2025/InvestmentOne Report Access Holdings Plc’s FY 2024 results show a 88.00% increase in gross revenue, with an 3.70% profit after tax and a 70.66% increase in cash. The dividend yield also increased to 8.60% from 7.78% in the previous year, with a proposed final dividend of NGN per […]
Nigerian Breweries Plc 2024FY: Margin Gains, FX Relief to Drive Earnings Comeback
April 15, 2025/Cordros Report In this note, we update our views on NB for 2025E. The brewer retained top spot in beer market share in 2024FY (55.2%, 2023FY: 53.2%), generating NGN1.08 trillion in revenue (+80.85% y/y). However, a 342bps decrease in EBITDA margin following sustained cost and OPEX pressure, as […]
