Results & Dividends

UBA Group Starts Strong in 2018, Grows Profits to N26.6bn in First Quarter

April 24, 2018/UBA Plc Pan African financial institution, United Bank for Africa Group (UBA) has released its unaudited first quarter results, showing significant growth across major income lines.   Following a sterling performance in the 2017 financial year, UBA Group delivered another impressive 18% percent year-on-year growth in gross earnings in […]

Dangote Cement Says Q1 2018 Profit Up 29.1%

By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s most capitalised quoted company, Dangote Cement Plc said on Tuesday its profit after tax (PAT) for the period ended March 31, 2018 grew 29.1 percent to N72.12 billion from N55.86 billion recorded a year ago. Similarly, profit before tax (PBT) increased 40.2 percent to N108.40 billion […]

Nigerian Breweries Reports Q1 2018 Results – PBT and PAT Declined By -13% and -11% YoY Respectively

Culled—Proshare April 24, 2018/FBNQuest Research  Event: Nigerian Breweries reports Q1 2018 results Implications: Neutral reaction expected from the market Positives: Gross margin expanded 126bps y/y Negatives: PBT and PAT down -13% y/y and -11% y/y respectively Late yesterday, Nigerian Breweries (NB) published its Q1 2018 results which showed that sales […]