Culled—Proshare August 10, 2017/FBNQuest Research Input cost pressures weighed on earnings Cadbury Nigeria’s (Cadbury) 20.6% y/y sales growth in Q2 2017 was 9.1% ahead of our forecast. Both domestic and export sales were impressive, with 21.6% and 13.1% y/y increases. Despite the topline growth, the company recorded losses on both […]

August 10, 2017/InvestmentOne Research Zenith Bank released its Q2 2017 results earlier today. Please find key highlights of the Q2 2017 results below: ·         Net interest income of N68.36bn, down -3.2% q/q; -0.7% y/y ·         Profit before tax of N47.98bn, up +8.6% q/q; +54.0% y/y ·         Profit after tax of […]

10/8/2017/Punch Afrinvest Asset Management Limited, the fund managers of the Nigerian International Debt Fund, says it is set to pay investors the interim coupon for the 2017 financial year in August 2017. According to a statement by the lender, this marks the 39th coupon since the creation of the fund, […]