July 28, 2017/Cordros Research Click here to download full PDF Copy of Report This morning, NESTLE announced Q2-17 PAT of N8.19 billion, (1) compared to a loss of N6.15 billion in Q2-16, (2) below the 8.36 billion reported in Q1-17, and (3) below our N8.51 billion estimate. Compared to Q2-16, […]
Results & Dividends
FBN Holdings Plc Q2 2017 Results: Initial Impression
July 28, 2017/InvestmentOne Research Q2 2017 results highlight: Loan impairment charges and opex weigh on benefits from the high yield environment · Net interest income of N83.1bn, up +2.7% q/q; + 33.7% y/y · Profit before tax of N15.7bn, down -21.5% q/q; -34.3% y/y · Profit after tax of N13.3bn, […]
NESTLE Q2 2017 Results: Key Highlights
July 28, 2017/InvestmentOne Research Nestle Nigeria Plc released its Q2 2017 today. Please find key highlights below: · Revenue of N60.78bn: down -0.6% q/q; up+37.1% y/y · Profit before tax of N10.18bn: down -28.7% q/q; up c.+230.0% y/y on lower base effect · Profit after tax of N8.19bn: down -2.0% q/q; […]
