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Sets New Milestone with Historic N42 Dividend Per Shareand 128.7% PBT Growth to N113.2bn

WA
Community Contributor
Published
10 Apr 25
Updated
10 Apr 25
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WaneInvestmentHouse's Fair Value
₦922.85
14.9% undervalued intrinsic discount
10 Apr
₦785.00
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Author's Valuation

₦922.9

14.9% undervalued intrinsic discount

WaneInvestmentHouse's Fair Value

Today, the company announced its Audited Financial Statements for the 12 months ended 31 December 2024. Key Highlights • 125.2% Year-on-Year growth in EBITDA; increased from N52.9bn in 2023 to N119.1bn in 2024. • 128.7% growth in Profit Before Taxes (PBT); rising from N49.5bn in 2023 to N113.2bn in 2024. • 102.6% Revenue Growth at N207.5bn. • 146% increase in share price over the financial year • N42 per share declared as final dividend for the 2024 financial year. • Market expansion through acquisition of 52% equity stake in Ghana Oil Palm Development Company Limited (GODPC).

click below for the report

https://doclib.ngxgroup.com/Financial_NewsDocs/43748_PRESCO_PLC-PRESCO_PLC_-_2024FY_RESULTS_PRESS_RELEASE_CORPORATE_ACTIONS_APRIL_2025.pdf

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The user WaneInvestmentHouse holds no position in NGSE:PRESCO. Simply Wall St has no position in any of the companies mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The author of this narrative is not affiliated with, nor authorised by Simply Wall St as a sub-authorised representative. This narrative is general in nature and explores scenarios and estimates created by the author. The narrative does not reflect the opinions of Simply Wall St, and the views expressed are the opinion of the author alone, acting on their own behalf. These scenarios are not indicative of the company's future performance and are exploratory in the ideas they cover. The fair value estimates are estimations only, and does not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that the author's analysis may not factor in the latest price-sensitive company announcements or qualitative material.

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₦1.56k
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49.8% undervalued intrinsic discount
50.00%
Revenue growth p.a.
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about 2 months ago author updated this narrative