Results & Dividends

Forte Oil Plc: PBT Constrained Despite Fuel Availability

April 3, 2019/InvestmentOne Report ·         Improved Topline Performance of N39.89 billion, up 20.9% q/q; 120.0% y/y. ·         Declining gross profit margin of 7.2%, down 122bps q/q; 744bps y/y. ·         Mixed Opex/sales ratio of 6.9%,up 92bps; down 179bps y/y. ·         Profit before tax of 382.6 million, from a loss of N14.9 […]

UNILEVER Nigeria Q4 2018: Weak Margin, Higher Opex/Sales Ratio And Other Losses Weighed Down On Performance

April 3, 2019/InvestmentOne Report ·         Mixed topline growth: down 14.8% q/q, up 3.5% y/y. ·         Lower gross profit margin: down 508bps q/q, 865bps y/y. ·         Non-directional opex/sales ratio: down 178bps q/q, up 392bps y/y. ·         Loss Before Tax of N30.14million against a Profit Before Tax of N5.11billion and N4.08billion in […]

Dangote Flour Mills Plc Q4 2018: Input Cost Pressures Weigh on PBT Performance

April 3, 2019/InvestmentOne Report •        Rising Topline:  up 7.93% q/q, 18.96% y/y •        Poor gross margin: down 1658bps q/q; 3130bps y/y •        Higher OPEX to sales ratio: up 199bps q/q;  151bps y/y •        Lacklustre PBT performance: Loss of N5.64billion from Profit of N52million in Q3 2018 and a loss of […]