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United Capital Posts Strong Growth in Q3, Gross Earnings Up 10%

October 6, 2017/United Capital Plc United Capital Plc, a leading Pan-African Investment Banking Group reported nine-month Gross Earnings of N6.2 billion (10% year on  year growth) and Profit Before Tax… Read more »

PZ Cussons Nigeria Plc: Earnings to Recover After a Bumpy Start to 2018

5/10/2017/Cordros Research Click here to download full PDF copy of report Guidance from our recent discussion with the management of PZ is for flat to slight earnings growth in 2018F…. Read more »

GTBank Announces Final Results for Intl Cash Tender Offer in Respect of U.S $400M 6.000 Per Cent Notes Due 2018

October 4, 2017/NSE Kindly be informed that, Guaranty Trust Bank Plc (GTBank) on September 25, 2017, invited holders of its U.S. $400,000.000 6.000 per cent. Notes due 2018 (the Securities)… Read more »

Monthly Markets Review – Overview of Markets in September 2017

October 4, 2017/Cordros Research Click here to download full PDF copy of report Highlights: Sentiments were mixed across global equities market, with economic data, geopolitical tension, politics, natural disaster, monetary… Read more »

PZ Cussons Q1 2018 Results: Initial Impression

October 4, 2017/InvestmentOne Research Q1 2018 results highlight:  ·         Revenue of N18.89bn; up +12.8% y/y   ·         Loss before tax of N181mn vs N2.4bn loss in Q1 2017   ·        … Read more »

PZ Cussons: Loss in Q1-18; But Profit to Return in Subsequent Quarters

October 3, 2017/Cordros Research Click here to download full PDF copy of report PZ released Q1-18 result earlier today, showing a post-tax loss of N123.1 million, despite revenue growing by… Read more »

PZ Cussons Nigeria – Pre & Post-tax Losses of N181m and N61m Respectively Driven by FX Loss of –N1.8

Culled—Proshare October 3, 2017/FBNQuest Research Event: PZ Cussons Nigeria reports Q1 2018 (end-August) results Implications: Negative reaction by the market likely Positives: Sales up 12.8% y/y Negatives: Pre and post-tax… Read more »

PZ Cussons Reports N123.08 Million Loss in Q1 2017

October 3, 2017 By InvestAdvocate Click here to view full PDF copy of PZ Cussons Nigeria Plc Q1 2017 Report Lagos (INVESTADVOCATE)-Soap and detergent producer, PZ Cussons Nigeria Plc on… Read more »

PZ Cussons Nigeria – Decent Results despite Substantial Fx Loss

Culled—Proshare September 27, 2017/FBNQuest Research Earnings and price target revised upwards PZ Cussons Nigeria’s (PZ) delivered another set of strong numbers in Q4 2017 (end-May), similar to the prior quarter…. Read more »

Presco Q2 2017 Results Review: In Line for a Record Year

Culled—Proshare September 22, 2017/FBNQuest Research Maintaining Outperform rating Presco’s Q2 2017 topline growth surprised slightly, beating our forecast by 10.7%. The company continues to benefit from increased demand thanks to… Read more »