October 26, 2018/Cordros Update Update: Following the September 30 result wherein sales volume in Q3 was lower than our expectation, we revise our 2018E EBITDA and PBT estimates for DANGCEM lower by 6% and 11% respectively to NGN444 billion and NGN300.7 billion. Our new estimates are now higher by 14% […]
Results & Dividends
LafargeHolcim Reports Accelerated Growth Momentum with +5.8% in Net Sales
October 26, 2018/Lafargeholcim • Strong Net Sales growth of 5.8% LFL in Q3 • All four business segments contributing • Over-proportional increase in Recurring EBITDA of 8.1% LFL in Q3 • SG&A cost savings program delivering results ahead of target Jan Jenisch, CEO: “In Q3 we were able to increase […]
Fidelity Bank Says 9M 2018 Pretax Profit up 23.6 % to N20.06 Billion
October 26, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Lender Fidelity Bank Plc said on Thursday its pretax profit for the nine month period ended September 30, 2018 increased 23.6 percent to N20.06 billion from N16.23 billion posted a year ago. Post-tax profit of the Bank rose same margin of 23.6 percent to […]
