October 28, 2024/US SEC The Securities and Exchange Commission announced that it filed a subpoena enforcement action against Fruit Street Health, P.B.C., a company conducting business from New York, New York, for failing to produce documents pursuant to an SEC investigative subpoena. The filed action seeks an order directing Fruit […]
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Cadbury Nigeria Plc 9M 2024: Profit Margins Compressed by Cost Pressures Despite Solid Revenue Growth
October 28, 2024/CSL Research Cadbury Nigeria Plc. (Cadbury) reported a 51.2% y/y Revenue growth in its 9M 2024 earnings release, with Revenue climbing to ₦89.53 billion from ₦59.20 billion in 9M 2023. The topline growth is attributed to increases in both sales volumes and prices, as well as improved asset […]
BUA Cement 9M 2024: FX Loss Amidst Cost Pressures Drag Bottom-Line
October 28, 2024/CSL Research In its recently released unaudited 9M 2024 results, BUA Cement reported a 73.7% y/y increase in Revenue to N583.41bn from N335.86bn in the same period of 2023. On a quarterly basis, Revenue also grew by 8.2%, reaching N219.46bn in Q3 2024 compared to N202.81bn in Q2 […]
