Culled—Proshare April 19, 2018/FBNQuest Research Event: Zenith Bank reports Q1 2018 results Implications: Muted reaction from the market likely; we believe the bank is on track to meet its FY2018 PBT guid. of N210bn Positives: Double-digit PBT and PAT y/y growth Negatives: Limited This afternoon, Zenith Bank (Zenith) published its Q1 […]
Results & Dividends
UNILEVER Reports 80% Increase in Q1 2018 Pretax Profit
April 19, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Soap and detergent producer, Unilever Nigeria Plc on Thursday said its pretax profit for the first quarter (Q1) period ended March 31, 2018 increased 80 percent to N3.92 billion from N2.18 billion declared a year ago. Likewise, post-tax profit soared 80.9 percent to N2.89 […]
Lafarge Africa Plc – One-Offs Weighed On Q4 2017 Earnings
Culled—Proshare April 19, 2018/FBNQuest Research Material cuts to our 2018-19E EPS forecasts and price target Similar to Q3 2017, Lafarge Africa’s (Lafarge) Q4 2017 results surprised negatively due to an impairment loss of N20.4bn taken on fixed assets and one-off related costs of N10.4bn. On its Q4 conference call, management […]
