Results & Dividends

Nigerian Breweries Post s N10 Billion Profit in Q1 2018

April 25, 2018/NB Plc The Board of Directors of Nigerian Breweries Plc has announced a Profit after Tax of N10.2 billion for the first quarter of 2018. The unaudited and provisional results released to The Nigerian Stock Exchange show that the N10.2 billion represents an 11.8% decrease over the N11.4 […]

Dangote Cement Plc Q1 2018 – Improved Margins Underpin Earnings Growth

Culled—Proshare 24/4/2018/ARM  Research Dangote Cement (DANGCEM) released Q1 18 result this afternoon showing a double-digit growth of 29.1% YoY growth in EPS to N4.23 (missing our estimate of N4.29). Performance stemmed largely from improved margins, better cost management and a surprise foreign exchange gain (+305% YoY to N12 billion) which […]

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 […]