Guinness Nigeria Plc (GUINNESS) delivered an impressive performance over the last 12 months (June 2024 - June 2025), reversing its previous loss to record a profit of N16.2 billion for the period.
OKOMUOIL Oil Palm Plc (NGX: OKOMUOIL) sustained its earnings momentum in H1'25, with revenue up 73.1% YoY largely on the back of elevated CPO pricing.
Lafarge Africa Plc (NGX: WAPCO) reported an impressive H1'25 performance, anchored by a stronger-than-anticipated Q2 outturn, which saw impressive margin expansion on moderating cost pressures and strong pricing dynamics.
Domestic oil palm production in Nigeria remained flat at 1.5m MT in 2024, while consumption grew 4.6% y/y to 2.0m MT — widening the supply gap to 450,000 MT.
The Investor sentiment, as determined by market breadth, strengthened to 4.2x (previously 4.2x). This week, We expect the bullish streak to be sustained, in the absence of any negative shocks.
The double whammy of unpredictable trade relations and geopolitical tensions, particularly in the Middle East, is likely to catapult portfolio contingencies such as inflation and growth to the front burner in H2'25.
