Culled—Proshare March 28, 2017/Vetiva Research · Q3’16/17 revenue beats estimates, up 44% q/q · Margins improve slightly as lower OPEX cushions FX loss · ₦1.9 billion Q3’16/17 PAT better than ₦1.5 billion estimate Seasonally stronger Q3 delivers 44% q/q revenue growth Supported by traditionally stronger volumes in the period and […]
Results & Dividends
Guaranty Trust Bank Plc – Management expects higher earnings in 2017
Culled—Proshare March 27, 2017/CardinalStone Research Guaranty Trust Bank of Nigeria Plc held its earnings conference call to explain its FY’16 results. We retain our target price (TP) of N32.68 and maintain our BUY rating on the counter. Kindly see below the key points from the conference call. Impairments charges to […]
Rezidor publishes its 2016 Annual Report
March 27, 2017/Rezidor Hotel Group The Rezidor Hotel Group (www.Rezidor.com), one of the world’s most dynamic hotels has published its Annual Report 2016. Themed “Moving Forward in Perpetual Motion,” this year’s annual report is fully digital (https://AnnualReport2016.Rezidor.com). The Annual Report also contains the Corporate Presentation and the Responsible Business report 2016. […]
