Cadbury Nigeria Plc has declared a loss after tax of N10.43 billion for the 12-month period ended December 31, 2024, despite a significant increase in revenue.
Key Financial Highlights:
- Revenue Growth:
- The company recorded N129.19 billion in revenue for FY 2024.
- This marks a 60.73% increase from N80.38 billion reported in FY 2023.
- Profitability:
- Loss after tax stands at N10.43 billion in FY 2024.
- However, this represents an improvement compared to N19.09 billion loss after tax in FY 2023.
- Earnings Per Share (EPS):
- EPS for the period is negative N4.57, indicating continued financial strain.
- Valuation Metrics:
- Share Price: N22
- Price-to-Earnings (P/E) Ratio: Negative 4.81×
- Earnings Yield: Negative 20.79%
Analysis & Outlook:
While Cadbury Nigeria saw substantial revenue growth, persistent losses highlight ongoing cost pressures, operational challenges, and possibly macroeconomic factors affecting profitability. The reduction in losses year-over-year signals some improvement, but investor confidence remains impacted by negative earnings and valuation metrics.
Further strategic adjustments may be needed to drive sustainable profitability and shareholder value in the coming financial periods.
Source: Fubdvine/ Stockwatch
