By InvestAdvocate Click here to download full PDF Copy of Report Lagos (INVESTADVOCATE)- First dual listed Nigerian oil and gas upstream firm, Seplat Petroleum Development Company Plc on Thursday declared a loss after tax of N8.43 billion in its half-year (H1) period ended June 30, 2017 compared to N12.80 billion […]
Results & Dividends
Lafarge Africa Plc – Upgrading to Outperform on Stellar Q2 2017 Results
Culled—Proshare July 26, 2017/FBNQuest Research 19% Increase to Our PT; Upgrading to Outperform We upgrade our recommendation on Lafarge Africa (Lafarge) to Outperform from Neutral following its stellar Q2 2017 results which surprised positively. Although PBT was in line with our forecast, PAT beat soundly (by 260%), largely due to […]
LafargeHolcim reports continued earnings growth in Q2
July 26, 2017/LafargeHolcim Net sales up 3.6% like-for-like in the quarter Operating EBITDA Adjusted increased 10.1% like-for-like driven by pricing, cost discipline and synergies Recurring Net Income increased to CHF 700 million; Recurring Earnings Per Share up 23.4% to CHF 1.16 Net debt reduced by CHF 2.4 billion compared to […]
