Results & Dividends

Nestle Plc Q3 2019 Results: Weak Quarterly Sales Weighs on Margins

November 4, 2019/InvestmentOne Report Mixed topline growth: down 2.1% q/q; up 2.4% y/y. ·           Pressured gross profit margin: down 530bps q/q; 150bps y/y. ·           Opex to sales ratio at 19.6%: up 90bps q/q; down 10bps y/y. ·           Contraction in PBT margin: down 680bps q/q; 70bps y/y. Nestle Nigeria Plc released […]

Dangote Cement Q3 2019 Result: PBT Margin Performance Down to -19.90%

November 1, 2019/InvestmentOne Report Q3 2019 result highlight: §  Turnover Performance: down 6.82% q/q, up 4.54% y/y. §  Gross margin performance: down 450bps q/q, down 126bps y/y. §  OPEX/Sales ratio: up 291bps q/q, up 210bps y/y. §  PBT Margin Performance: down to 19.90%, from 33.24% and 30.48% in Q2 2019 […]