Quantcast
Viewing all articles
Browse latest Browse all 12295

Flour Mills of Nigeria Plc – Earnings Beat Despite Lingering Cost Pressures

  · Revenue prints in line with estimate – up 25% y/y · Gross margin weakness, elevated finance costs remain a challenge · Gains from FX hedge support Q1’17/18 earnings beat – PAT up 3% y/y Strong revenue growth persists, PAT rises 3% y/y Despite the strong base from Q1’16/17, FLOURMILL began its FY’17/18 financial ...

Viewing all articles
Browse latest Browse all 12295

Trending Articles