Culled—Proshare March 29, 2018/FBNQuest Research Event: PZ Cussons Nigeria reports Q3 2018 (end-Nov) results Implications: Negative reaction expected by the market Positives: Q3 PBT and PAT up 5% q/q and 6% q/q to N1.1bn to N668m respectively Negatives: Sales declined -7% y/y to N22.1bn while PAT fell -64% y/y Today, […]
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NASD USI Gains 0.15% WoW
Culled—Proshare March 29, 2018/NASD Plc Q1 2018 Review: Growth in Value & Volume of Securities Trade … as CSCS Plc leads transactions by Value & Volume! NASD is pleased to report growth in trading activities on the OTC Market in the first quarter of 2018. This growth was fueled by a 112% […]
PZ Cussons Nigeria Plc: Q3-18 weak earnings echo management’s earlier warning
March 29, 2018/Cordros Report Update: PZ just published 9M-18 and Q3-18 results which fell well-short of broad expectations, in line with management guidance two weeks ago. Management had guided that trading conditions have been unusually challenging thus far in H2, and expects its profits over the period, and indeed for […]
