Results & Dividends

Shareholders approve Honeywell Flour Mills N1.3bn dividend

Honeywell Flour Mills Plc on Tuesday received the approval of its shareholders to pay a dividend of N1.34bn, representing N17 kobo per share for the financial year ended March 31, 2014. The shareholders approved the proposal at the company’s 5th Annual General Meeting in Lagos, where the Chairman, Honeywell Flour […]

South Africa’s Aspen FY profit misses estimates as local market weighs

Aspen Pharmacare, Africa’s biggest drugmaker by value, missed forecasts with an almost one-third rise in full-year profit on Wednesday as a weak South African home market offset contributions from recent acquisitions. Aspen, which supplies to about 150 countries that include Australia, Nigeria, Brazil and the United States, said diluted headline […]

Guinness Nigeria 2014 Post Tax Profit Declines 19%

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Beer maker, Guinness Nigeria Plc on Monday said its post tax profit declined 19 percent from N11.863 billion in 2013 to N9.573 billion in the 2014 audited year end, according to a filing by the brewer to the Nigerian Stock exchange (NSE). Similarly, pretax profit […]