March 4, 2021/InvestmentOne Report · Improved topline performance: up 3.7% q/q, 2.3% y/y. · Declining gross profit margin: down 140bps q/q; 450bps y/y. · Mixed Opex to sales ratio to 20.1%: up 152bps q/q; down 303bps y/y. · Weakened PBT margin: down 620bps q/q and 470bps y/y. The earlier released […]
Results & Dividends
Nigerian Breweries Q4/FY 2020 Results: Volume Growth Hampered by Rising Input Costs
March 4, 2021/InvestmentOne Report · Topline performance improved: up 18.0% y/y, 25.3% q/q. · Deteriorating gross profit margin at 27.9%: down 1226bps y/y, 956bps q/q. · Gains on opex/sales ratio: down 771bps y/y, 741bps q/q. · PBT Margin performance at 0.6%: up 646bps y/y, 262bps q/q. · The earlier […]
Seplat Plc FY/Q4 2020 Results: Tough Year for the Oil Producer
March 3, 2021/InvestmentOne Report · Top line Performance: down 0.39% q/q, 11.21% y/y. · Gross profit margin: down to 23.78%, from 33.81% in Q3 2020 and 53.48% in Q4 2019. · OPEX/sales ratio: Jumped to 22.12%, from 8.92% in Q3 2020 and 12.79% in Q4 2019. · PBT margin performance: […]

