Culled—Proshare May 3, 2018/FBNQuest Research Event: UAC of Nigeria (UACN) reports Q1 2018 results Implications: Downward adjustments to consensus 2018E EPS forecast expected Positives: Net interest expense declined -64% y/y to –N446m Negatives: Q1 sales of N18.3bn down -25% y/y and -10% q/q respectively; Opex up 14% y/y to N2.6bn […]
Results & Dividends
Nigerian Companies That Grew Their Dividend by More Than 100% in 2017
Culled—Proshare May 3, 2018/Quantitative Financial Analytics Ltd Fixed income investors must be feeling unease as yields continue to plunge and may be thinking of where else to run to for improved investment income. One area to look at is the Equities market and one variable that could help in that […]
Nestle Nigeria Reports Q1 2018 Results – Sales Up 10% YoY and 15% QoQ Respectively
Culled—Proshare May 3, 2018/FBNQuest Research Event: Nestle Nigeria (Nestle) reports Q1 2018 results Implications: Downward revision to consensus 2018 PBT forecast likely Positives: Sales of N67.5bn up 10% y/y and 15% q/q respectively Negatives: Nestle reported a net finance charge of –N879m compared with a net finance income of […]
