April 30, 2025/Cordros Report NESTLE published their Q1-25 unaudited results this morning, reporting an earnings per share of NGN38.07 in Q1-25, a sharp recovery from the loss per share of NGN180.01 in Q1-24.The performance was driven by strong revenue growth (+60.7% y/y) and reduction in FX loss (-99.9% y/y). Revenue […]
Results & Dividends
TotalEnergies Marketing Plc Earnings Report: Tough Start Amid Margin and Cost Pressures
April 30, 2025/InvestmentOne Report TotalEnergies Marketing Nigeria Plc opened the 2025 fiscal year with a disappointing first quarter performance, as the company struggled with a sharp decline in topline revenue, escalating finance costs, and newly imposed tax headwinds. Despite strong brand equity and operational footprint, the downstream giant posted a […]
Unilever Nigeria Plc Q1-25 Update: Strong Showing, Promising Outlook
April 30, 2025/Cordros Report In this report, we present our outlook for UNILEVER for 2025E. UNILEVER’s topline growth remained resilient in Q1-25, with their food products segment continuing as the key revenue contributor. Following a decline in EBITDA margin to 14.1% in 2024FY (2023FY: 22.2%), driven by a volatile operating […]
