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 […]
Results & Dividends
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 […]
BUACEMENT Plc Posts Impressive H1 2020 Results, Revenue Increases by 12.7%
Culled—Proshare August 3, 2020 BUA Cement Plc One of Africa’s largest cement producers, BUA Cement, has announced an impressive 2020 half-year results declaring revenues of N101.3billion and a Profit After Tax of N34.82billion representing an increase of 12.7% and 13.74% respectively from the corresponding period in 2019. This was contained […]
