Results & Dividends

Seplat Plc. Q1 2021 Results: Year of Recovery

May 5, 2021/InvestmentOne Report  ·         Top line Performance: up 4.76% q/q, 36.60% y/y. ·         Gross profit margin: up to 34.63%, from 13.78% in Q4 2020 and 25.37% in Q1 2020. ·         OPEX/sales ratio: dropped to 15.47%, from 22.12% in Q4 2020 and 121.30% in Q1 2020. ·         PBT margin performance: […]

Dangote Cement Plc Q1 2021: Great Start to a Promising Year

May 5, 2021/InvestmentOne Report ·         Turnover Performance: up by 21.96% q/q, up by 33.50% y/y. ·         Gross margin performance: up by 568bps q/q and 339bps y/y. ·         OPEX/Sales ratio: down by 295bps q/q, down 467bps y/y. ·         PBT Margin Performance: up by 195bps q/q and 377bps y/y.  Dangote Cement published its Q1 […]

BUA Cement Plc Q1-21: Price-led Growth in Topline Support Earnings

May 5, 2021/Cordros Report BUA Cement published Q1-21 unaudited financials on 29th April, reporting PAT growth of 13.0% y/y to NGN22.37 billion while EPS printed N0.66 (+13.0% y/y). The growth in EPS was driven mainly by the strong topline growth (+13.4% y/y), which offset the rise in operating expenses (+15.2% […]