August 4, 2020/InvestmentOne Report · Top line Performance: down 11.11% q/q, 37.20% y/y. · Gross profit margin: down to 5.73%, from 25.37% in Q1 2020 and 64.22% in Q2 2019. · OPEX/sales ratio: down to 47.25%, from 12.79% in Q1 2020 but up from 22.53% in Q2 2019. · PBT […]
Results & Dividends
| NESTLE H1-2020 Unaudited Result: Food segment weakness, higher input cost weigh on earnings
August 4, 2020/United Capital Report Last week, Nestle Nigeria Plc (NESTLE) submitted its financial result for H1-2020 and according to the report both Revenue and Profit after Tax declined by 0.6%y/y and 16.8% to N141.0bn and N21.8bn, respectively. This was as all the cost items, save for Selling & Distribution […]
Dangote Cement Plc. H1′ Q2 2020: Decent Performance Despite Pandemic
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 […]
