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.
Aided by a stronger Net Interest Margin (NIM) (+1.0ppt YoY) and higher fair value gains on financial instruments, FBNH reported a 2.1x surge in operating income to N1.5 trillion in 9M'24.
