April 27, 2017/Cordros Report Update: CADBURY published Q1-18 result yesterday, showing EBIT was higher by 76.2% while PBT was lower by 67.2%, both compared to Q1-17. We are not surprised by the lower PBT, which we had expected will be impacted by higher finance charges (+233% y/y), given the sizeable […]
Results & Dividends
Total Nigeria Records Relatively Weak YoY Trend Across Key P and L Lines in Q1 2018 Results
Culled—-Proshare April 27, 2018/FBNQuest Research Event: Total Nigeria reports Q1 2018 results Implications: Neutral to slightly negative reaction by the market likely Positives: Q1 sales and PBT both up 13% q/q and 24% q/q respectively Negatives: Relatively weak y/y trend across key P&L lines Late yesterday, Total Nigeria (Total) published […]
UAC-PROP Reports N899.62 Million Loss in Q1 2018
April 26, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-UAC Property Development Company Plc (UPDC) on Thursday reported a loss of N899.62 million in the first quarter (Q1) period ended March 31, 2018 compared to N1.19 billion posted a year ago. The company also recorded a loss before tax (LBT) of N745.49 million […]
