August 4, 2020/InvestmentOne Report Turnover Performance: down by 8.63% q/q and up by 0.04% y/y. · Gross margin performance: down by 122bps q/q and 192bps y/y. · OPEX/Sales ratio: down by 1bps q/q and 131bps y/y. · PBT Margin Performance: down by 249bps q/q and 39bps y/y. Dangote Cement published its Q2 […]
Results & Dividends
Lafarge Africa Plc. H1′ Q2 2020 Results: Cost Reduction Boost Overall Performanc
August 4, 2020/InvestmentOne Report Turnover: down 10.76% q/q, 5.05% y/y. · Gross margin performance: rose to 42.37% from 27.67% in Q1 2020 and 36.53% in Q2 2019. · OPEX/Sales ratio: down 234bps q/q, 449bps y/y · PBT Margin: rose to 34.08% from 14.37% in Q1 2020 and 18.15% in […]
NB H1-2020 Unaudited Result: Ban on weekend parties and pubs bites H1-earnings
August 4, 2020/United Capital Report Nigerian Breweries Plc (NB) published its H1-2020 unaudited financial result earlier. Revenue dipped by 10.8% to N151.8bn amid restriction on movements, a complete ban on pubs, bars, and social gatherings, especially weekend parties since March-2020 which dragged volume growth across the sector. However, higher finance and input […]
