May 3, 2017/LafargeHolcim The shareholders of LafargeHolcim attending today’s ordinary Annual General Meeting approved all motions proposed by the Board of Directors. 783 shareholders representing 63.92 percent of the company’s share capital were present at the meeting held in Zurich. The shareholders confirmed Beat Hess as Chairman of the Board […]
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Zenith Bank Plc – Strong start to FY’17, earnings beat estimates
Culled—Proshare May 3, 2017/Vetiva Research Top and bottom line beat estimates, up 49% and 41% y/y respectively OPEX and Interest cost pressures persist Loan loss expense in line with estimates We revise our target price to N28.00 (Previous: N27.25) Earnings beat, supported by strong top line growth ZENITHBANK released its […]
Nestle Nigeria Plc – Strong Topline Growth Drives Performance
Culled—Proshare May 3, 2017/FBNQuest Research Neutral rating maintained Nestle Nigeria (Nestle) posted earnings growth of 25% y/y in Q1 2017 thanks to a strong topline growth of 69% y/y. This topline growth completely offset negatives on both the gross margin and opex lines. Price increases across all categories were the […]
