April 4, 2018/Cordros Report Update: UNILEVER ended an impressive 2017FY with a strong Q4 performance. The full year revenue (+30% y/y), EBITDA (+107% y/y), and net profit (+143%) of NGN90.77 billion, NGN17.28 billion, and NGN7.45 billion beat consensus NGN89.49 billion, NGN13.46 billion, and NGN5.7 billion respectively. The result is broadly consistent […]
Results & Dividends
Fidelity Bank Announces Delay to Release 2017 Audited Financial Statement
April 4, 2018/NSE This is to inform our esteemed shareholders and other stakeholders of the delay by Fidelity Bank Plc to release/publish its annual Audited Financial Statements for the year ended 31 December 201 7 by March 31, 2018 as required by extant Rules of The Nigerian Stock Exchange. The […]
11 Plc Reports Q4 2017 Results – Shares Have Shed -4.5% YTD Compared With The ASI’s 8.5% Gain
Culled—Proshare April 3, 2018/FBNQuest Research Event: 11 PLC (11) reports Q4 2017 results Implications: Positive reaction by the market likely Positives: Q4 sales and PBT both up 66% y/y and 22% y/y to N37.0bn and N4.3bn respectively Negatives: Limited Last week, 11 PLC published Q4 2017 results which showed that sales […]
