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Earnings Analysis: Cadbury Plc Post Strong H1 Results As PBT Rises 123% To N3.5billion

Earnings Analysis: Cadbury Plc Post Strong H1 Results As PBT Rises 123% To N3.5billion

Ugodre Obi-chukwubyUgodre Obi-chukwu
10 years ago
in Blurb
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[upme_private]Cadbury Plc (Cadbury:NL) released its 2013 H1 results with revenues rising 8.3% t0 N17.4billion (2012 H1: N16billion). Operating profit also rose 171% to N2.7billion as Gross Profit margins improved and operating expenses dipped this period compared to the year before. This also helped push Pre-tax profits to N3.5billion compared to N1.6billion in 2012 H1.

The company also had strong working capital of N8.9billion backed up by a comfortable N16.8billion in the bank. Debt to equity is also very low as the company only has about N1.5billion in current debts.

Cadbury H1 2013

Cadbury Plc released its 2013 H1 results in the website of the NSE[/upme_private]


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Tags: Cadbury Nigeria PlcCOMPANY RESULTSNigerian Company Results
Ugodre Obi-chukwu

Ugodre Obi-chukwu

Ugo Obi-Chukwu "Ugodre" is the Founder, Publisher, and Chief Analyst of Nairametrics, a leading business and financial news online platform in Nigeria. Ugo is also the Chief Editor of the Nairametrics “Blurb” Opinion pages. Follow Ugodre on Twitter @ugodre and Instagram @ugodre Email: ugodre@nairametrics.com

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