By InvestAdvocate Click here to download Lafarge Africa Plc 2016 audited year end report December 31, 2016 Lagos (INVESTADVOCATE)-Cement producer, Lafarge Africa Plc has recorded a loss before tax of N22.8 billion in the audited year ended December 31, 2016 compared to a profit before tax (PBT) of N29.3 billion […]
Results & Dividends
Cadbury Nigeria Plc Q4-16 – First Glance: -81.8% y/y PBT; Earnings to Recover in 2017
March 22, 2017/Cordros Research Click here to view full report Cadbury Nigeria Plc (CADBURY) released Q4-2016 and 2016 full year results yesterday. As in 2015, the profit (against our expectation of a loss) reported in the fourth quarter was a positive surprise, therefore resulting into a loss before tax of […]
Cadbury Nigeria Q4 2016 Results: Downward Revision To Consensus Likely
Culled—Proshare March 22, 2017/ Implications: Downward revision to consensus likely Positives: Sales up 28.2% y/y and 16.8% q/q Negatives: PBT down -81.8% y/y Cadbury Nigeria reported Q4 2016 results this afternoon. Although the company grew sales by 28.2% y/y to N8.7bn, its PBT of N279m was -81.8% lower y/y. We […]
