August 1, 2017/InvestmentOne Research Q2:2017 results highlight: Appreciable growth in earnings on account of price increase § Mixed sales performance: Mixed sales performance: flat q/q, +56.3% y/y § Improved Gross margin : expanded +1903q/q; +1332bps y/y § PBT and PAT up +201.4% and 399.5% y/y respectively. Late Friday, DANGSUGAR published […]
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Nigerian Breweries Plc Q2 2017 Results: Initial Impression
August 1, 2017/InvestmentOne Research Q2:2017 results highlight: Decent numbers helped by price hike § Mixed sales performance: down -1.72% q/q; +12.41% y/y § Mixed opex/sales ratio: expanded +100bps q/q; down -54bps y/y § PBT and PAT surged by +57% and +43% y/y respectively. Nigerian Breweries Plc (NB) on Friday published […]
Dangote Cement Plc Q2 2017 Results: Initial Impression
August 1, 2017/InvestmentOne Research Q2:2017 results highlight: Higher pricing and Improved energy mix boosts performance § Mixed topline growth: down -1.8% q/q, up +34. 8% y/y § Resilient opex/sales ratio: down -100bps q/q; -520bps y/y § Improved PAT performance: up +4.1% q/q; +45.1% y/y On Friday, DANGCEM published its unaudited […]
