November 3, 2016/Cordros Research We have revised forecasts for DANGCEM going into 2017, considering (1) price action and competition (from LAFARGE whose production faced repeated interruptions in 2016) in Nigeria, which should impact sales volume; (2) likely price weakness in Pan Africa markets on intense competition; (3) higher (than expected) […]
Results & Dividends
Zenith Bank Plc – Peak of the Pack?
Culled—Proshare November 3, 2016/GTI Research Investment Highlight 9M -2016: Gross Earnings up 12.9%, net income by 20.44%, boosted by FX revaluation gains Zenith Bank (‘’The Company’’) released its interim 9M -2016 result for the period ended September, 30 2016 on 24th October 2016. The Company reported a 12.9% rise in […]
Dangote Sugar Refinery Plc – Production costs surge, caps earnings growth
Culled—Proshare November 3, 2016/Vetiva Research Strong revenue growth persists, hinged on higher volumes, price DANGSUGAR maintained the impressive revenue growth run-rate recorded from H1’16 in its Q3’16 results, posting an 18% q/q growth in the period. Though flattered by a low base from the preceding year (volumes impacted by distribution […]
