External broker reports(aggregated public sources), CardinalStone

CardinalStone

External broker reports(aggregated public sources)

CardinalStone is an independent, multi-asset investment management firm offering an assortment of financial services to a diverse institutional, high net worth and retail clientele base. The company began operations in June 2008 and its business is conducted across six divisions – Investment Banking, Asset Management, Securities Trading, Trust Services, Registrar Services and Financing. Headquartered in Lagos with offices in Abuja, Nigeria, the firm and its licensed subsidiaries diligently works with its clients to create bespoke solutions for their needs.

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<ul><li>In its Q1’26 unaudited statement, Okomu Oil Palm Company Plc (NGX: OKOMUOIL) reported an 8.6% YoY increase in PAT driven by a moderation in cost of sales, which generally improved margins.</li><li>Topline performance inched up by 1.5% YoY, driven by the weak performance in the rubber (-43.4% YoY) segment, which offset the mild improvement in the oil palm (+8.0% YoY) segment.</li><li>To our minds, the decline in the rubber business reflected 1) a 6.29% decline in average global USD rubber prices, 2) the impact of a stronger Naira (+9.91%) in the review period, which led to a lower translation of USD revenues into Naira, and 3) a likely slowdown in production volumes.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

In its Q1’26 unaudited statement, Okomu Oil Palm Company Plc (NGX: OKOMUOIL) reported an 8.6% YoY increase in PAT driven by a moderation in cost of sales, which generally improved margins.Topline performance inched up by 1.5% YoY, driven by the weak performance in the rubber (-43.4% YoY) segment, which offset the mild improvement in the oil palm (+8.0% YoY) segment.To our minds, the decline in the rubber business reflected 1) a 6.29% decline in average global USD rubber prices, 2) the impact of a stronger Naira (+9.91%) in the review period, which led to a lower translation of USD revenues into Naira, and 3) a likely slowdown in production volumes.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

OKOMUOIL Plc - Moderation in Net General Expenses Supported Margin Expansions

<ul><li>Okomu Oil Palm Company Plc (NGX: OKOMUOIL) in its FY’25 unaudited statement, reported a sturdy performance, with EPS rising by 59.0% YoY growth to N66.60, despite a lower-than-expected Q4’25 performance.</li><li>The earnings expansion was supported by a robust topline growth, which outpaced a modest growth in general expenses.</li><li>Turnover for the period increased by 52.4% YoY to N198.2 billion, supported by an increase in CPO sales, which grew 60.5% YoY to N172.6 billion.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Okomu Oil Palm Company Plc (NGX: OKOMUOIL) in its FY’25 unaudited statement, reported a sturdy performance, with EPS rising by 59.0% YoY growth to N66.60, despite a lower-than-expected Q4’25 performance.The earnings expansion was supported by a robust topline growth, which outpaced a modest growth in general expenses.Turnover for the period increased by 52.4% YoY to N198.2 billion, supported by an increase in CPO sales, which grew 60.5% YoY to N172.6 billion.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

OKOMUOIL Plc - Robust Earnings Reported Despite Softer Q4 Results

<ul><li>The Okomu Oil Palm Plc (NGX: OKOMUOIL) is projected to sustain its strong earnings momentum into FY'26, underpinned by elevated CPO prices, steady volume growth, and cost management.</li><li>The company is now entering a phase of stable expansion, based on efficiency gains and strong cash generation, after two years of outstanding performance driven by pricing adjustments amid macroeconomic instability.</li><li>Growth will likely stem from increasing utilisation rates, better yields, and smallholder integration due to limited room for plantation expansion.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

The Okomu Oil Palm Plc (NGX: OKOMUOIL) is projected to sustain its strong earnings momentum into FY'26, underpinned by elevated CPO prices, steady volume growth, and cost management.The company is now entering a phase of stable expansion, based on efficiency gains and strong cash generation, after two years of outstanding performance driven by pricing adjustments amid macroeconomic instability.Growth will likely stem from increasing utilisation rates, better yields, and smallholder integration due to limited room for plantation expansion.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

OKOMUOIL - Stable Growth Anticipated After Exceptional Cycle

<ul><li>Okomu Oil Palm PLC (NGX: OKOMUOIL, TP: UR*) sustained its strong earnings trajectory in 9M’25, with EPS rising by 58.1% YoY to N63.25, underpinned by robust turnover growth and tamer operating cost growth, which offset an uptick in net finance costs.</li><li>Revenue growth was predictably robust, with a 52.4% YoY growth for Q3’25, augmenting the already impressive H1’25 performance.</li><li>This led to a 67.3% YoY growth for 9M’25 to N174.0 billion and was likely buoyed by elevated CPO prices along with decent volume turnout. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Okomu Oil Palm PLC (NGX: OKOMUOIL, TP: UR*) sustained its strong earnings trajectory in 9M’25, with EPS rising by 58.1% YoY to N63.25, underpinned by robust turnover growth and tamer operating cost growth, which offset an uptick in net finance costs.Revenue growth was predictably robust, with a 52.4% YoY growth for Q3’25, augmenting the already impressive H1’25 performance.This led to a 67.3% YoY growth for 9M’25 to N174.0 billion and was likely buoyed by elevated CPO prices along with decent volume turnout. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

<ul><li>Okomu Oil Palm PLC (NGX: OKOMUOIL, TP: UR*) recorded an impressive performance for H1'25, with EPS rising by 135.4% to N49.83.</li><li>The result was driven by strong revenue growth and reduced cost pressures, particularly in Q2'25.</li><li>Revenue growth printed at 73.1% YoY, supported by solid performances from the Oil palm (+73.9% YoY) and Rubber segment (+66.4% YoY). </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Okomu Oil Palm PLC (NGX: OKOMUOIL, TP: UR*) recorded an impressive performance for H1'25, with EPS rising by 135.4% to N49.83.The result was driven by strong revenue growth and reduced cost pressures, particularly in Q2'25.Revenue growth printed at 73.1% YoY, supported by solid performances from the Oil palm (+73.9% YoY) and Rubber segment (+66.4% YoY). Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Okomu Oil Palm Plc - Triple Digit Earnings Growth for H1'25.

Nigeria

Okomu Oil Palm PLC develops oil palm plantation, mills palm oil, and processes palm kernel. The Company also develops rubber tree plantation.

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Okomu Oil Palm (OKOMUOIL NL)

OKOMUOIL Plc - Moderation in Net General Expenses Supported Margin Expansions

Topline performance inched up by 1.5% YoY, driven by the weak performance in the rubber (-43.4% YoY) segment, which offset the mild improvement in...

CardinalStone

OKOMUOIL Plc - Robust Earnings Reported Despite Softer Q4 Results

Okomu Oil Palm Company Plc (NGX: OKOMUOIL) in its FY’25 unaudited statement, reported a sturdy performance, with EPS rising by 59.0% YoY growth to...

CardinalStone

OKOMUOIL - Stable Growth Anticipated After Exceptional Cycle

The Okomu Oil Palm Plc (NGX: OKOMUOIL) is projected to sustain its strong earnings momentum into FY'26, underpinned by elevated CPO prices, steady...

CardinalStone

OKOMUOIL - 9M'25 Earnings Update

Okomu Oil Palm PLC (NGX: OKOMUOIL, TP: UR*) sustained its strong earnings trajectory in 9M’25, with EPS rising by 58.1% YoY to N63.25, underpinned...

CardinalStone

Okomu Oil Palm Plc - Triple Digit Earnings Growth for H1'25.

Okomu Oil Palm PLC (NGX: OKOMUOIL, TP: UR*) recorded an impressive performance for H1'25, with EPS rising by 135.4% to N49.83.

CardinalStone

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