25/10/2017/Fitch Ratings Investors have turned bullish on prospects for companies to ramp up investing in the economic upturn, with more than three quarters now expecting a boost in capex spending, according to Fitch Ratings’ latest European senior investor survey. An overwhelming 78% of respondents now believe corporates will boost investment […]
Investors Bite
Nigerian Breweries Says Q3 2017 Pretax Profit up 23.86% to N34.4 Billion
By Abdulquddus Okele InvestAdvocate Lagos (INVESTADVOCATE)-Top tier beer producer, Nigerian Breweries Plc said on Thursday its pretax profit for the period ended September 30, 2017 climbed up 23.86 percent to N34.4 billion from N27.7 billion recorded a year ago. Similarly, post-tax profit for the period increased 19.39 percent to N24.0 […]
Fidelity Bank Plc Q3 2017 Results Review: Dividends to Support Solid Total Return
Culled—Proshare October 26, 2017/ FBNQuest Research 19% avg. increase to our 2017-18E EPS forecast and price target Fidelity Bank’s (Fidelity) Q3 2017 results came in ahead of our expectations for the third quarter in a row. Opex and funding income in particular helped. Consequently, we have cut our opex forecasts […]
