FSDH Initial Reaction: BUA Cement 1Q24 results Kindly click here to download the report. April 30, 2024/FSDH Research Key Performance Highlights: In 1Q24, BUA Cement posted revenue growth of 51.5% YoY to N161.1 billion, slightly outperforming the 50.0% YoY growth of its closest peer Lafarge Africa, whereas lagging behind Dangote […]
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Backward Integration: Dangote Targets 700,000MT of Refined Sugar in Four years
…As Q1 revenue rise by 20.1% to N122.7bn April 30, 2024/Dangote Group Dangote Sugar Refinery Plc (DSR) has unveiled plans to produce 700,000 metric tonnes of refined sugar from locally grown sugarcane in the next four years, through its Backward Integration Programme (BIP). Chairman of Dangote Sugar Refinery Plc, Aliko […]
MTNN’s Topline Growth Continues to be Overshadowed by Rising Inflation and Forex Losses in 1Q24
FSDH Initial Reaction: MTN Nigeria 1Q24 results Kindly click here to download the report. April 30, 2024/FSDH Research Key Performance Highlights: MTN Nigeria’s 1Q24 results were adversely affected by rising inflation and continued Naira depreciation off an already low base. Despite this, MTNN posted a revenue growth of 32.5% YoY […]
