November 8, 2016/Cordros Research Despite significant revenue and EBIT growth in Q3, UNILEVER recorded y/y and q/q PBT contractions, and would have posted a loss after tax, save for a tax credit (N449.8 million). The company’s production costs have risen quite significantly over the last two quarters, denying earnings the […]
Results & Dividends
Flour Mills of Nigeria Plc – ₦9 billion FX Losses Debase Strong Topline growth
Culled—Proshare November 8, 2016/Vetiva Research Strong revenue performance persists, up 44% y/y Gross margin improves 400bps y/y to 14% FX loss undercuts earnings, Q2’17 PAT down 60% q/q TP revised upwards on improved earnings trajectory Improved revenue profile on better volume performance, price Buoyed by the strongest quarterly revenue performance […]
Eterna Proposes 25 Kobo Per Share Dividend in 2016
By InvestAdvocate Lagos (INVESTADVOCATE)-oil services firm, Eterna Oil Plc has proposed a dividend of 25 kobo per share to investors of the company. Eterna said on Friday that closure of Register for the period ended September 30, 2016 is November 22, 2016, payment date is December 12, 2016 after its […]
