Results & Dividends

PZ Nigeria Plc FQ2 17- Strong operating performance salvage earnings

Culled—Proshare January 31, 2017/ARM Research PZ Cussons Nigeria Plc. (PZ) released its unaudited 6M 2017 results wherein revenues rose 8.8% YoY to ₦33.3 billion, though largely reflecting unrealized foreign exchange losses of N4.9 billion, PZ posted pre-tax and post-tax losses of N 425 million and N289 million respectively. Excluding the […]

Guinness Nigeria Plc FQ2 17 – Currency Pressures Drive Another Sober Result

Culled—Proshare January 31, 2017/ARM Research Guinness Nigeria Plc (Guinness) released its unaudited 6M 17 financial statements which revealed post-tax loss of ₦4.66 billion. The weakness in earnings was largely driven by elevated input cost (+55% YoY to ₦43.9 billion) which offset impact of revenue growth (+19.4% YoY to N59.5 billion) […]

MasterCard Says Fourth-quarter net revenue increase of 9% to $2.8 billion

January 31, 2017/MasterCard Fourth-quarter net income of $933 million, including a special item, or $0.86 per diluted share Fourth-quarter net income of $940 million, excluding a special item,1 or $0.86 per diluted share Fourth-quarter net revenue increase of 9%, to $2.8 billion Fourth-quarter gross dollar volume up 9% and purchase […]