November 4, 2016/Reuters By George Obulutsa Kenya’s Safaricom said on Friday that earnings before interest, tax, depreciation and amortization (EBITDA) for the first half of the year are up 30.8 percent on the same time last year, at 50.8 billion shillings ($502 million). The company’s net income in the same […]
Results & Dividends
LafargeHolcim Reports Sustained earnings growth in third quarter
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – World’s building materials and cement producers, LafargeHolcim said on Friday it sustained its earnings growth in the third quarter (Q3) 2016 which was driven by pricing strategy, synergies and disciplined cost management. The financial highlights made available by the company shows that its […]
Fidelity Bank Q3’16 Earnings Presentation: The key takeaways
Culled—Proshare 3/11/2016/Research The microeconomic challenges that influenced business outlook in 2015 financial are largely unresolved in 2016 as bearish macroeconomic indicators had shown. Nigerian Banks are still facing headwinds within a tougher operating environment. The recessionary environment, shortage of FX, technical devaluation of currency and floating of Naira, increase in […]
