July 27, 2019/CAMCAN Key Highlights • Customer base grew by 9.3% to 99.7 Mn • Reported revenues increased to $ 795.9 Mn, up 6.9%, with constant currency growth of 10.2%. This was the 6th consecutive quarter of double-digit constant currency growth • Revenue growth of 10.2% in constant currency was […]
Results & Dividends
MTN Nigeria: Group Records EPS Growth of 35% Y/Y in H1-19
July 27, 2019/Cordros Report Event: MTNN recently published H1-19 results, with EPS growth of 34.8% y/y, driven by increased revenue, gross margin expansion, and a lower effective tax rate. The EPS achieved missed our estimates (annualized) for the six months period by 4% majorly due to a positive surprise on […]
Lafarge Africa Plc | Journey to Profit on Track – TP Upgraded
July 27, 2019/Cordros Report We update on Lafarge Africa PLC following H1 19 results and conference call, and retain our ‘BUY’ rating on the stock. Having confirmed that the disengagement with Lafarge South Africa Holdings Limited (LSAH) will be completed at the end of July 2019, we have revised our […]
