Results & Dividends

Presco Plc – Impressive Start to FY’17, Ahead of Estimates

Culled—Proshare May 3, 2017/Vetiva Research Bullish line performances amidst strong product pricing EBIT beats estimate, up 167% y/y PBT almost triples even after excluding revaluation gains Improved plantation yield to drive FY’17 volume growth Valuation revised higher on improved earnings outlook Strong domestic palm oil prices lift earnings PRESCO’s Q1’17 […]

Good results in Q1; guidance confirmed for 2017

May 3, 2017/LafargeHolcim Click here for full details Click here for First Quarter 2017 Interim Report Click here for Analyst Presentation Net sales increase by 5.3% on like-for-like basis driven by favorable pricing and improving volume momentum Operating EBITDA Adjusted up 14.5% on like-for-like basis Net income and recurring EPS […]

CCNN Plc Q1 2017 – Earnings Recover On Strong Cement Prices

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 […]