27/10/2016/TPT International The Board of Directors of Nigerian Breweries Plc has announced an interim dividend of N7.929 billion, that is N1.00 (One Naira) per ordinary share of 50 kobo in the share capital of the Company for the 9 month period ended 30th September 2016. This is despite the marginal […]
Results & Dividends
Challenging Q3 2016: Even Nigerian Breweries Plc Is Not Spared
October 27, 2016/Cordros Research On Wednesday, NB released results for nine months and third quarter ended September 2016. The key features of the third quarter result are (1) a record y/y and q/q gross margin contraction; (2) record low EBITDA and EBIT margins; (3) opex savings; (4) notable y/y and […]
Dangote Cement Plc: Group Q3-16 Earnings Negatively Impacted by Weaker Margins
October 27, 2016/Cordros Research Earlier today, DANGCEM released results for nine months and third quarter ended September 2016. The key features of the Group’s third quarter result are (1) 21.6% y/y (but -1.2% q/q) revenue growth; (2) significant gross margin contraction; (3) opex spike; (4) considerably weak EBITDA and EBIT […]
