Sterling Bank’s earnings to remain pressured but valuations still attractive
We project Pre-tax Profit of N9.0bn (down 15% y/y) and we estimate ROAE of 6.9% in 2020e (FY 2019; 9.8%).
Tag: COMPANY RESULTS
Analysis: UACN, is the dividend worth it?
Barely a year after shedding the dead weight, it has set off on a course to pay dividends.
Analysis: Total Nigeria needs a financial overhaul
Total Nigeria’s Q1’20 results are a testament that some might have it worse than others as it recorded a revenue ...
Q1 2020 Unaudited Report: Unilever Nigeria records N13.3 billion revenue
Unilever Nigeria Plc has released its unaudited report for the period ended 31st March 2020. The Company recorded turnover of ...
Seplat Petroleum announces closed period for Q1 unaudited financial result
The company's directors have also been scheduled to meet in order to discuss Seplat's Q1 2020 financial results.
Quick take: Loss from discontinued operations drives Net Loss
UACN was able to sustain growth in earnings in its recently released 9M 2019 results.
Quick take: Disappointing Q3 renews growth concerns
Unilever Nigeria Plc in its just-published H1 2019 result announced a 28.6% y/y decline in Revenue to N51.6 billion in ...
Quick take: Higher OPEX, FX loss weigh on earnings
Dangote Cement reported a mild decline in Revenue (down 0.8% y/y to N679.8 billion) in 9M 2019.
Quick take: Growth slows in Q3 as profit misses estimates
Nestle Plc in its recently released 9M 2019 result announced Revenue growth of 4.0% y/y to N211.3 billion for 9M ...
Forte Oil records massive profit growth in nine months
Forte Oil has released its interim financial statements for the period ended September 30, 2019.
