August 1, 2017/InvestmentOne Research Q2:2017 results highlight: Decent numbers helped by price hike § Mixed sales performance: down -1.72% q/q; +12.41% y/y § Mixed opex/sales ratio: expanded +100bps q/q; down -54bps y/y § PBT and PAT surged by +57% and +43% y/y respectively. Nigerian Breweries Plc (NB) on Friday published […]
Results & Dividends
Dangote Cement Plc Q2 2017 Results: Initial Impression
August 1, 2017/InvestmentOne Research Q2:2017 results highlight: Higher pricing and Improved energy mix boosts performance § Mixed topline growth: down -1.8% q/q, up +34. 8% y/y § Resilient opex/sales ratio: down -100bps q/q; -520bps y/y § Improved PAT performance: up +4.1% q/q; +45.1% y/y On Friday, DANGCEM published its unaudited […]
FBN Holdings Plc H1’17 Results – Weak Underlying Earnings Compound Outlook
Culled—Proshare 31/7/2017/United Capital Research FBN Holdings Plc (FBNH) released its H1-17 results this afternoon, showing a 7.8% y/y growth in Gross Earnings (GE) from N267.9bn to N288.8bn. PBT and PAT however declined by 22.4% and 17.8% to N35.6bn and N29.5bn respectively. Deposits and loan books contracted by 3.5% and 4.1% […]
