Results & Dividends

Profit Warning: Caverton Offshore Says Q2’16 Profit to be Lower Due to Naira Devaluation

July 29, 2016/NSE Caverton Offshore Support Group Plc the leading provider of marine, aviation and logistics services to local and international oil and gas companies in Nigeria expects to report materially lower earnings for the period ending 30th June 2016 largely due to the unavoidable impact of the recent Naira […]

Dangote Cement Shares Outperform the ASI; Gains 5.9% YTD as PBT Grows by 20% in Q2’16

Culled—Proshare July 28, 2016/FBNQuest Research Event: Dangote Cement reports Q2 2016 results Implications: Likely upward revisions to consensus 2016 PBT forecast Positives: PBT and PAT grew 20% y/y and 132% y/y respectively Negatives: Gross margin declined by 1585bps to 49.2%, largely due to lower pricing and high fuel cost This […]

Financial Results: Connecting the Pieces for Greater Value

July 28, 2016/MasterCard Martina Hund-Mejean Earlier today, Mastercard reported our financial results for the second quarter. If you read the press release or listened to the call, you heard about continued momentum through the first half of the year with strong revenue growth of 14%. This growth was driven by […]