April 28, 2017/Fidelity Bank Plc Top Nigerian lender, Fidelity Bank Plc recorded a solid financial performance in the first quarter of 2017, posting appreciable growth in profits and gross earnings for the period ended March 31, 2017. This is in spite of the challenging and fiercely competitive business environment. Details […]
Results & Dividends
GTBank Records Net Interest Income Growth of Over 60% in Q1 2017
Culled–Proshare April 26, 2017/FBNQuest Research Event: GT Bank reports Q1 2017 results Implications: Positive reaction from the market expected; results running ahead of full year PBT guidance of N168bn Positives: Net interest income (and PBT) growth of over 60% y/y; results were ahead of our forecasts Negatives: No major negatives […]
Cadbury Nigeria Q1 2017 Results Review – PBT and PAT Both Down by 86.2% YoY
Culled—Proshare April 25, 2017/FBNQuest Research Event: Cadbury Nigeria (Cadbury) reports Q1 2017 results Implications: Downward revision to consensus estimates likely Positives: Sales up 13.3% y/y Negatives: PBT and PAT both down -86.2% y/y Cadbury Nigeria (Cadbury) reported Q1 2017 results this afternoon showing sales growth of 13.3% y/y to N8.1bn. […]
