Results & Dividends

11 Plc Q2 2018 Results Reviews – PAT grew by 126% YoY to N2.7bn

Culled—Proshare July 27, 2018/FBNQuest Capital  ­Event: 11 PLC (11) reports better-than-expected Q2 2018 results Implications: Upward adjustment to consensus estimates expected following better-than-expected results. Compared with our estimates, while sales were in line with our N40.4bn forecast, PBT beat by c.22%. The variance was driven by positive surprises on the […]

LafargeHolcim Accelerates Growth Momentum; Revenue Increased 6.2% in Q2

July 27, 2018/LafargeHolcim • Strong revenue growth of 6.2% in Q2 and 4.8% in first half on a like-forlike basis • Recurring EBITDA up 1.5% for Q2, -1.4% for first half on a like-for-like basis • Full year 2018 targets confirmed • On track to deliver Strategy 2022 – “Building […]

Understanding Lafarge’s H1 2018 Results

Culled—Proshare 26/7/2018/Proshare Research Lafarge Africa Plc recently published its Q2 2018 and Half year 2018 results on the floor of the Nigerian Stock Exchange with growth recorded in the Nigerian operations in Q2 reflecting a resilient player in the cement market/sector, while its South African operations continued to show lacklustre […]