April 26, 2019/InvestmentOne report · Mixed topline performance: down 3.53% q/q, up 0.38% y/y. · Diversified gross profit margin: up 481bps q/q, down 373bps y/y.. · Varied opex/sales ratio: down 148bps q/q, up 61bps y/y. · Mixed PBT Margin: up 571bps q/q, down 462bps y/y. Nigerian Breweries Plc (NB) released […]
Results & Dividends
Guinness Nigeria Plc Q3 19 – Intense Competition Bite Earnings
Culled—Proshare April 26, 2019/ARM Research Intense competition bite earnings The volume erosion which started in Q1 2019, persisted in the third quarter, with Guinness results released yesterday showing decline in revenue by 3.8% YoY. Given the drag that emanated from the Lager and Ready to drink (RTD) volumes over the […]
Cadbury Nigeria’s Revenue Hits N9.3bn in Q1 2019
April 26, 2019/Cadbury Nigeria Plc Cadbury Nigeria Plc (“Cadbury Nigeria” or “the Company”) today announced revenue of N9,283billion for the three months ended March 31, 2019. This represents an increase of 12.7 percent over N8,235billion revenue realised within the same period in 2018. The Company also recorded gross profit of […]
