January 31, 2018/InvestmentOne Research Decline top line: down -13.65% q/q, -4. 14% y/y · Expansion in gross profit margin: up +367bps q/q; +322bps y/y · Slight uptick in opex to sales ratio: up +94bps q/q; +87bps y/y · Mixed PBT performance: down -17.3% q/q; up +303.5% Yesterday, Flour Mills of […]
Results & Dividends
Guinness Nigeria H1 2018: Bottom line recovers on balance sheet restructuring
January 31, 2018/InvestmentOne Report Strong topline growth: up +35.9% q/q ; +11.5% y/y · Mixed gross margin: down -117.8bps q/q; up +600.9bps y/y · Contraction in opex to sales ratio: down -246.4bps q/q;-642.1bps y/y · Recovery in PBT: N3.5billion in Q2 2018 against N41million in Q1 2018 Yesterday, Guinness Nigeria Plc […]
Guinness Nigeria Says Revenue, Gross Profit Up19%, 31%
Highlights 19% revenue growth and 31% increase in gross profit Operating profit of N6.6bn, 7bn improvement compared to the previous year Marketing investment up 17% to support wider beer and spirits portfolio enabled by productivity savings Debt to equity ratio reduced from 82% to 2% Lagos, Nigeria – 30 January […]
