May 22, 2020/InvestmentOne Report Turnover: up 47.48% y/y to N175.52billion. Gross margin performance: down to 46.97% from 50.37% in FY 2018. OPEX/Sales ratio : down to 12.74% from 15.63% in FY 2018. PBT Margin: rose to 37.74% from 32.91% in FY 2018. The recently released result of BUA Cement Plc. […]
Results & Dividends
PZ Cussons Nigeria Is Maintaining Underperform Rating in Q3 2020
Culled—Proshare May 21, 2020 by FBNQuest Research Marked earnings cuts over forecast period PZ Cussons Nigeria (PZ) suffered the biggest quarterly loss since 2016 on account of a rising cost profile compounded by stronger competitive headwinds and continued consumer pricing pressure. Q3 2020 (end-Feb) pretax loss of -N2.4bn was 5x […]
Lafarge Africa Plc Q1 2020 Results: An All-round Positive Performance
May 20, 2020/InvestmentOne Report Turnover: up 27.54% q/q, 9.79% y/y. · Gross margin performance: rose to 27.67% from 9.37% in Q4 2019; down from 30.32% in Q1 2019. · OPEX/Sales ratio: down to 9.28% from 12.86% in Q4 2019 and 10.63% in Q1 2019. · PBT Margin: rose to 14.73% […]
