Culled—Proshare October 29, 2018/ARM Research Underlying Pressures Persist Diamond Bank PLC (DIAMONDBNK) released unaudited nine-month 2018 result alongside restated figures for nine-month 2017 following divestment from its West African business operation. The result was unimpressive with the bank struggling to make profit in Q3 standalone. Last week, the bank announced […]
Results & Dividends
Nigerian Breweries Plc 9M’18 Results – Intensified Competition Pressures Earnings
Culled—Proshare October 29, 2018/CardinalStone Research Nigerian Breweries Plc (NB) 9M’18 results – top line declined by 6.5% YoY to N238.1 billion, in line with our estimate of N244.8 billion (-2.7% deviation). In the same vein, after-tax earnings dipped significantly by 38.4% YoY to N14.8 billion, underperforming our estimate of N21.4 […]
Gemalto Reports 2018 Third Quarter Revenue of €727 Million
October 29, 2018/Aetoswire • Third quarter revenue at €727 million, (3%) lower at constant exchange rates • Identity, IoT & Cybersecurity segment revenue (1%) lower at €345 million. The segment revenue is up +12% year-to-date at constant exchange rates and strong deliveries are expected in the fourth quarter • […]
