Stanbic IBTC Holdings Plc ("STANBIC") is likely to sustain the earnings run rate observed in 9M'24, with EPS projected to hit N18.36 in FY'24 (vs N14.11 in 9M'24 and N10.85 in FY'23) and progress to N22.67 in FY'25.
BUA Foods PLC (NGX: BUAFOODS) delivered a strong 9M'24 performance, with revenue and PAT growing by 104.2% YoY and 90.7% YoY, respectively, driven by a combination of volume growth and strategic price adjustments across its product segments.
Seplat Energy Plc (SEPLAT) held a conference call on 12 Dec 2024 to discuss the completion of the Mobil Producing Nigeria Unlimited (MPNU) acquisition and its implications for the business and now enlarged group. Below are key highlights of the call.
Following an impressive 9M'24 outing (PBT: +98.5% YoY to N1.0 trillion), we now expect ZENITHBANK to close FY'24 on a strong note, with a PAT of N1.1 trillion (+63.5% YoY) and an EPS of N35.25.
After three consecutive quarters of recording net losses, MTN Nigeria Communications PLC ("MTNN") returned to profitability in Q3'24, achieving a PAT of ₦4.13 billion.
UAC of Nigeria Plc ("UACN") has maintained steady growth both in revenue and profit lines since FY'23 despite the short-term macroeconomic impact of the current policy environment.
