Airtel Africa Plc’s (AIRTELAFRI) EPS is projected to rise to US10.0 cents in FY'25/26, up from US6.0 cents in the previous financial year. This anticipated growth is driven by improved FX stability and a tariff hike-led recovery in the Nigerian market after two consecutive years of earnings decline. The East and Francophone Africa segments are expected to remain resilient, underpinned by consistent customer growth and sustained capital investment. In all, ROAE and ROAA are projected to improve to 18.9% and 4.5%, respectively (vs 12.9% and 3.0% in the prior year).
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CardinalStone is a full service investment banking firm with a vision to build a world class investment banking firm of African origin; operating out of Lagos, Nigeria. The firm was incorporated in April 2008 and began operations in June 2008. CardinalStone is duly registered with the Securities & Exchange Commission in Nigeria to carry on business as an Issuing House, Fund Manager and Broker/Dealer
The Firm's activities are carried out across five business units: Asset Management, Investment Banking, Private Equity, Securities Trading and the Business Support Group.
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