Cordros raises Lafarge’s 2025 target price to N104.71 after strong Q1 results

Cordros raises Lafarge’s 2025 target price to N104.71 after strong Q1 results

Cordros Raises Lafarge Africa Plc’s 2025 Target Price to N104.71 After Stellar Q1 2025 Performance Lagos, Nigeria – May 11, 2025Cordros Capital Limited has increased its 2025 target price for Lafarge Africa Plc (NGSE: WAPCO) to N104.71 per share, up from previous estimates, following the cement giant’s robust first-quarter results for 2025. The upward revision, … Read more

VFD Group reports N4.1 billion Q1 2025 pre-tax profit powered by strong investment gains 

VFD Group reports N4.1 billion Q1 2025 pre-tax profit powered by strong investment gains 

VFD Group Plc, a Nigerian proprietary investment company listed on the Nigerian Exchange (NGX), reported a pre-tax profit of N4.1 billion for the first quarter of 2025, as detailed in its unaudited financial results. This marks a 34.9% increase from the N3.04 billion pre-tax profit recorded in Q1 2024. The growth was driven by strong … Read more

Beta Glass reports 638.6% spike in Q1 profit, on booming glassware and bottle sales  

Beta Glass reports 638.6% spike in Q1 profit, on booming glassware and bottle sales  

Lagos, Nigeria – Might 2, 2025 – Beta Glass Plc, a number one Nigerian producer of glass bottles and containers, has introduced a outstanding 638.6% improve in working revenue for the primary quarter of 2025, pushed by sturdy demand for its glassware and bottle merchandise. The corporate, listed on the Nigerian Inventory Trade (NGX: BETAGLASS), … Read more