March 10, 2017/Cordros Research Click here to read full conference call and routine checks We left the call with NB’s management last week, with our view about the company’s expected performance in 2017 unchanged. Hence, estimates for 2017, and beyond, are unchanged from the last update (see forecasts on page […]
Results & Dividends
Access Bank Plc 2016 FY Conference Call & Earnings Presentation – The Key Takeaways
March 9, 2017/Proshare Markets Access Bank Plc today holds its Q4’16 Investors and Analyst Conference Call Earnings Presentation. The bank stated that due to the volatility witnessed in 2016, the bank need to strengthen its liquidity position necessitating it to raise about $300m Eurobond and a commercial paper during the […]
Dangote Cement Plc FY 2016 Earnings Update – Expiring Tax Breaks Cast a Cloud on Forward Earnings
Culled—Proshare March 9, 2017/Afrinvest Research Dangote Cement Plc (“DANGCEM” or “the Group”) reported Q4:2016 earnings result last week, outperforming analysts’ expectation across metrics. Q4 standalone revenue grew 37.0% Y-o-Y to N173.0bn, bringing FY: 2016 turnover to N615.1bn, up 25.1% Y-o-Y relative to our projection of 20.0%. Similarly, Q4 standalone PBT […]
