Culled—Proshare April 24, 2017/ FBNQuest Research Event: Stanbic IBTC Holdings reports Q1 2017 results Implications: Positive reaction by the market likely Positives: Strong double-digit y/y growth on both revenue lines Negatives: NPL ratio doubled between December 2016 and March 2017 (NPL ratio at 10.5%) Stanbic IBTC’s Q1 2017 results which were released this […]
Results & Dividends
Lafarge Africa Plc | First Glance: Q1-17 PAT; Strong Delivery, As Expected
April 24, 2017/Cordros Research Click here for full PDF Report Lafarge Africa Plc (LAFARGE) announced Q1-17 PAT of N5.2 billion (vs. –N1.9 billion in Q1-16) this morning, driven by (1) 55% y/y increase in revenue, (2) comparatively higher gross margin, and (3) higher investment and other incomes. The PAT, however, […]
Lafarge Africa Plc: Q1 2017 Results: Key Highlights
April 24, 2017/NSE LAFARGE AFRICA released its Q1 2017 results today. Please find key highlights of the results below: · Revenue of N81.7bn up by +55.1% y/y · PBT of N9.45bn compared to c.-N2.2bn Loss before tax in Q1 2016 · Profit after tax of N5.16bn, as against c.-N1.87b Loss after […]
