Airtel Africa Plc H1:2024 FYE Performance – Charting through Tumultuous Headwinds
Below is a detailed overview of Airtel Africa Plc’s performance during the first half of its fiscal year. FX Devaluation Hinder Revenue Growth In its recently released H1:2024 financial result, Airtel Africa Plc (AIRTELAFRI) posted a marginal increase in its consolidated topline in reporting currency. Overall Revenue increased by 2.28% Year-on-Year (YoY) in H1:2024 (vs. […]
H1:2023 LAFARGE Africa Plc. Earnings Note | Performance Marked by Tepid Revenue Growth
This report provides a detailed overview of Lafarge Africa Plc. performance during the first half of 2023 (H1:2023). H1:2023 financial statement for Lafarge Africa Plc. revealed a 5.95% YoY growth in revenue to NGN197.68bn. On the other hand, production cost of sales (adjusted for depreciation) rose marginally by 2.94% YoY to NGN81.02bn while total operating […]
MTNN Plc H1:2023 Earnings Note – FX Devaluation limits Bottomline Growth
Below is a detailed overview of the financial performance of MTN Nigeria Communications Plc during the first half of 2023. Data Revenue Propels Revenue Expansion In its recently released H1:2023 financial result, MTN Nigeria Communications Plc (MTNN) posted a higher revenue figure, exceeding its growth level from the previous period. Total revenue grew by 21.96% […]