Results & Dividends

Lafarge Africa Plc Q3-20 Update: Volume Growth, Lower Finance Costs to Underpin Earnings Growth

November 2, 2020/Cordros Report Lafarge Africa’s 9M-20 report result showed that EPS settled at NGN1.75/share, up 37.1% y/y after adjusting for gains from discontinued operation in 9M-19. The growth in bottom line was supported by an increase in revenue and deceleration in finance cost, both of which outweighed the substantial […]

Lafarge Africa Plc Q3 2020 Results: Topline Growth Boost Performance

November 2, 2020/InvestmentOne Report  ·         Turnover: up 4.39% q/q, 31.36% y/y. ·         Gross margin performance: down to 23.26% from 42.37% in Q2 2020 and 26.88% in Q3 2019. ·         OPEX/Sales ratio: up 283bps q/q, down 187bps y/y ·         PBT Margin: dropped to 9.33% from 34.08% in Q2 2020 and 10.37% […]

Seplat takes centre stage in Nigeria’s energy transition, eyes increased returns, growth

November 1, 2020/Seplat …Pays $0.05 dividend to shareholders amid prevailing global challenges …Targets Q4 2021 for ANOH first gas Seplat Petroleum Development Company Plc (“Seplat” or the “Company”), a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange 9NSE) and the London Stock Exchange (LSE), has announced […]