Investors Bite

MAYBAKER Says H1 2016 Pretax Profit up 2.32%

By InvestAdvocate Lagos (INVESTADVOCATE)-Drugmaker, May & Baker Nigeria Plc said its first-half (H1) pretax profit for the period ended June 30, 2016 climbed up marginally 2.32 percent to N44.2 billion from N43.7 billion a year earlier. Similarly post-tax profit rose slightly 3.44 percent to N30.08 billion from N29.73 billion posted […]

LafargeHolcim reports Q2 2016 results

August 5, 2016/LafargeHolcim Pricing and synergies drive improvements in operating margins and earnings Adjusted operating EBITDA margin up 210bps to 23.4% in Q2 Adjusted operating EBITDA up 6% like-for-like in Q2 Net sales of CHF 7.28 billion in Q2, 2% lower on a like-for-like basis Solid operating Free Cash Flow […]

TIGERBRANDS Bounces Back to Profitability, Declares N2.84 Billion PAT in H1 2016

By InvestAdvocate Lagos (INVESTADVOCATE)- Tiger Branded Consumer Goods Plc on Thursday declared a profit after tax (PAT) of N2.84 billion in the first-half (H1) period ended June 30, 2016 compared to a loss of N9.11 billion a year ago. The fast consumer moving goods (FCMG) firm also posted a profit […]