March 4, 2019/InvestmentOne Report § Positive performance in Turnover: up 6.44% q/q, 6.89% y/y. § Rising gross margin performance: up 12bps q/q, 97bps y/y. § Increasing Opex/Sales ratio: up 122bps q/q, 439bps y/y. § Declining PBT: down 14.47% q/q, 23.81% y/y. Dangote Cement published its Q4 2018 results last week […]
Results & Dividends
Dangote Cement Plc: Group Records 95.9% Y/Y Expansion in 2018FY EPS
February 28, 2019/Cordros Update Event: DANGCEM just published 2018FY results, reporting a strong EPS growth of 95.9% y/y to NGN22.83 (Consensus estimate: NGN13.46). The group reported FY-18 EBITDA growth of 12.1% y/y. Management declared DPS of NGN16.00, which translates to a yield of 8% on current share price. On Q4-18 […]
Dangote Cement Says 2018 PAT Up 91.1%, Increases Dividend by 52.38%
February 27, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s most capitalised quoted company, Dangote Cement Plc said on Wednesday its profit after tax (PAT) for the period ended December 31, 2018 grew 91.1 percent to N390.32 billion from N204.24 billion recorded a year ago. Similarly, profit before tax (PBT) inched up 3.9 […]
