October 27, 2017/Cordros Research First Bank of Nigeria Holdings Plc (”FBNH”) released unaudited Q3-17 results yesterday, wherein gross earnings grew marginally by 1.85% q/q and 0.40% y/y (1.77% above our estimate), while PBT and PAT rose 28.01% q/q (71.19% y/y) and 24.44% q/q (145.47% y/y), respectively. The growth in earnings […]
Results & Dividends
Guinness Nigeria Says Q2 2017 Revenue up 30%
October 27, 2017/XLR8 30% revenue growth and 24% gross profit increase for quarter one 2018 fiscal year. Operating profit of N2.6bn, N2.0bn improvement compared to the previous year. Rights issue process concluded and oversubscribed with funds received at the end of September. Guinness Nigeria today announces its […]
LafargeHolcim continues growth in sales and EBITDA in Q3
October 27, 2017/LafargeHolcim Q3 Net Sales grow 4.1% year-on-year to CHF 6.9 billion on a like-for-like basis Q3 Operating EBITDA Adjusted up 5.9% to CHF 1.75 billion on a like-for-like basis Delivery of synergies ahead of target helped improve Group Operating EBITDA Margin Adjusted by 80 basis […]
