June 20, 2019/Cordros Report Lafarge (WAPCO) just published its much-awaited 2018FY and Q1 19 results. While the company recorded a loss in its 2018FY financial result, as expected, we witnessed improved performance in its core operations, with gross margin and EBITDA margin expanding by 6.2 pps y/y and 5.3 pps, […]
Results & Dividends
Presco Plc | First Glance: Loss on biological asset revaluation drags earnings
June 4, 2019/Cordros Report Event: On Saturday, PRESCO published Q4-18 and Q1-19 results, which showed weak core operating performance. Over 2018FY, despite an improved gross profit margin, the company’s EPS dipped by 25% y/y, due to the negative impact of biological asset revaluation (loss of NGN2.6 billion vs. NGN374 million […]
SEC Direct Investors of Unclaimed Dividends of Defunct Skye Bank to Contact Cardinalstone Registrars
May 31, 2019/SEC The Securities & Exchange Commission (‘’the Commission’’)wishes to inform shareholders of the defunct Skye Bank Plc that unclaimed dividends declared by the bank are being held in trust on their behalf. Investors that have unclaimed dividends are therefore advised to contact Cardinalstone Registrars to process their dividend […]

