Results & Dividends

Strong Q4 performance builds on accelerating 2016 earnings momentum

March 2, 2017/LafargeHolcim Click here to read full details of result  Pricing, synergies and disciplined cost management drive strong Q4 earnings and cashflow growth  Improved margins underpin achievement of Adjusted Operating EBITDA full year target – up 8.7% like-for-like. Adjusted Operating EBITDA up 30.5% in Q4  Recurring […]

Dangote Cement Proposes Final Dividend of N8.50 per share in 2016 End

Click here to download full report By InvestAdvocate Lagos (INVESTADVOCATE)-Cement producer and Nigeria’s most capitalised listed company, Dangote Cement Plc has proposed a final dividend of N8.50 kobo per share to its shareholders compared to N8.00 paid in 2015 end. This is coming on the heels of the release of […]

ALERT – Dangote Cement Plc’s 2016FY Net Profit Beat Consensus After Posting Tax Credit

February 28, 2017/Cordros Research Dangote Cement Plc (DANGCEM) just released 2016FY result wherein revenue grew by 25% (to N615 billion vs. consensus’ N620 billion) while PAT increased by just 2.9% (to N186.6 billion vs. consensus’ N175 billion). A tax credit of N20.89 billion (resulting from deferred tax credit)  was reported […]