May 2, 2017/Vetiva Research Topline up 22% y/y, slightly ahead of estimates Robust EBIT growth despite surge in OPEX Strong cement price outlook to sustain earnings recovery FY’17 earnings revised higher following Q1 earnings beat Target price revised higher to N7.88 (Previous: N7.34) Strong cement prices, stable energy supply lift […]
Results & Dividends
FBN Merchant Bank Records 28% Increase in PBT from Previous Year
Culled—Proshare May 2, 2017/FBN Merchant Bank FBN Merchant Bank Limited, a subsidiary of FBN Holdings Plc. held its2ndAnnual General Meeting on Wednesday April 26 2017 in Lagos, where it declared a profit before tax (PBT) of ₦4.92 billion in the financial year ending December 31, 2016. This was 28% above […]
Earnings Review: Strong Start for 2017, Empowering the Future
May 2, 2017/Mastercard Martina Hund-Mejean This morning, Mastercard announced its financial results for the first quarter. During our conference call with the financial community, we highlighted strong volume and transaction growth. In addition to solid performance in the quarter, we also announced the completion of two acquisitions. They complement and […]
