By InvestAdvocate Lagos (INVESTADVOCATE)-Gemalto, the world leader in digital security on Friday said its revenue for the first quarter (Q1) 2018 appreciated 8.0 percent to €650 million at constant exchange rate compared to €651 million posted in the Q1 of 2017, according to an emailed statement from AETOSWire. The world’s digital security […]
Results & Dividends
Cadbury Nigeria In-line Q1-2018 performance-SELL reiterated
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 […]
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 […]
