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Industrial & Medical Gases Nigeria Plc Q2/H1— Earnings Dip Despite Revenue Growth Signals Pressure on Margins

Published
02 Apr 25
Updated
29 Jul 25
WaneInvestmentHouse's Fair Value
₦40.21
9.0% undervalued intrinsic discount
29 Jul
₦36.60
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1Y
15.0%
7D
0%

Author's Valuation

₦40.21

9.0% undervalued intrinsic discount

WaneInvestmentHouse's Fair Value

Shared on29 Jul 25

WaneInvestmentHouse made no meaningful changes to valuation assumptions.

Shared on24 Jun 25

Subject: Industrial & Medical Gases Nigeria Plc Sets Sights on Growth with N6.5bn Capital Raise Industrial & Medical Gases Nigeria Plc (IMG) has taken a bold step toward its long-term expansion strategy by securing shareholder approval to raise N6.5 billion through a rights issue. This move is designed to strengthen the company’s capital base, scale operations, and deepen its market penetration , laying the groundwork for sustainable growth in a competitive sector.