In Your Interest
March 22, 2017/InvestmentOne Research Please click to download the Fixed Income and Currency Market Report for the Week ended 17th March 2017 MONEY MARKET · System liquidity declined by N150bn to negative N173bn following the N160bn FG bond auction and the N34bn OMO auctions in the outgone week. · Consequently, the 1month […]
March 22, 2017/Cordros Research Click here to view full report Cadbury Nigeria Plc (CADBURY) released Q4-2016 and 2016 full year results yesterday. As in 2015, the profit (against our expectation of a loss) reported in the fourth quarter was a positive surprise, therefore resulting into a loss before tax of […]
Culled—Proshare March 22, 2017/ Implications: Downward revision to consensus likely Positives: Sales up 28.2% y/y and 16.8% q/q Negatives: PBT down -81.8% y/y Cadbury Nigeria reported Q4 2016 results this afternoon. Although the company grew sales by 28.2% y/y to N8.7bn, its PBT of N279m was -81.8% lower y/y. We […]