By InvestAdvocate Lagos (INVESTADVOCATE)-Gemalto, the world leader in digital security on Friday said its revenue for the first quarter (Q1) 2018 appreciated 8.0 percent to €650 million at constant exchange rate compared to €651 million posted in the Q1 of 2017, according to an emailed statement from AETOSWire. The world’s digital security […]
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Cadbury Nigeria In-line Q1-2018 performance-SELL reiterated
April 27, 2017/Cordros Report Update: CADBURY published Q1-18 result yesterday, showing EBIT was higher by 76.2% while PBT was lower by 67.2%, both compared to Q1-17. We are not surprised by the lower PBT, which we had expected will be impacted by higher finance charges (+233% y/y), given the sizeable […]
Nigerian Stocks Close Last Weekly Trading Session Positive, W-t-D Up +1.05% on Gains in Banking, Consumer Goods Counters
April 27, 2018/InvestmentOne Report The Nigerian equities market closed the last trading session of the week in the green, gaining 1.15%. Similarly, WTD closed up by 1.05%. Furthermore, market breadth index was positive with 25 stocks gaining against 14 stocks that declined. INTBREW (+10.21%) topped the gainers chart […]
