May 8, 2018/LafargeHolcim Good start to year with like-for-like Net Sales up 3.1% despite impact of adverse weather and fewer working days in Q1 Recurring EBITDA 7.7% lower than Q1 2017 on like-for-like basis Full year 2018 targets confirmed PERFORMANCE OVERVIEW Like-for-like Net Sales were up 3.1 […]
Results & Dividends
PRESCO Reports Q1 2018 Results – Neutral to Negative Reaction by the Market Expected
Culled—Proshare May 4, 2018/FBNQuest Research Event: Presco reports Q1 2018 results Implications: Neutral-to-negative reaction by market expected Positives: No obvious positives Negatives: PBT and PAT declined by -33% y/y on average Late yesterday, Presco published its Q1 2018 results which showed that sales declined by -8% y/y to N6.6bn. In […]
UAC of Nigeria Reports Q1 2018 Results – Net Interest Expense Declined -64% YoY to N446m
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 […]
