Cadbury Nigeria Plc grew turnover by 12.73% in Q1’19

The audited financial report of Cadbury Nigeria Plc for the first quarter ended March 31, 2019 revealed a turnover growth of 12.73% as revenue closed at N9.28 billion against the previous close of N8.24 billion in the first quarter of 2018.

Profit after Tax soared by 2200% to close at N506.75 million compared to the PAT of N22 million in Q1’18.

The earnings per share (EPS) of Cadbury Nigeria for the period under review is 27 kobo, up by 2200% compared to the previous EPS of 1 kobo in the first quarter of 2018.

With reference to the share price of N11, the PE ratio of Cadbury Nigeria Plc in Q1’19 stands at 40.77x with earnings yield of 2.45%.

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