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Our month-to-month Ice Greatest Buys Now highlights our group’s favourite three most well timed Buys from a rising record of income-focused Ice suggestions, designed to assist Fools construct their portfolios.
“Present Greatest Purchase” Decide #1:
Airtel Africa (LSE:AAF)
- Airtel Africa reported sturdy progress in each income and income within the first half of 2026 because of sustained demand for knowledge and cellular cash providers, in addition to decrease forex pressures in key markets.
- After-tax revenue elevated from $31 million to $156 million, pushed by a $22 million profit from the appreciation of the Central African franc. A weaker greenback might proceed to spice up earnings within the second half of 2026.
- Airtel Cash’s spin-off, deliberate for the primary half of 2026, is anticipated to be a key driver for the inventory worth in latest days. The sector, which presently has almost 50 million prospects, recorded a year-on-year progress of 16.1%.
- Moreover, annual transaction worth elevated by 35% to $193 billion, and cellular cash ARPU elevated by 11.3% at fixed forex.
- Working free money stream elevated 46.5% to $1.1 billion, lease-adjusted leverage decreased to 0.8x (1.0x), and 95% of debt was denominated in native forex. EPS earlier than exceptions elevated by 70% to $0.083, and the board declared an interim dividend of $0.0284 per share, a rise of 9.2%.