March 27, 2024/Cordros Report Access Holdings Plc (ACCESSCORP) released its 2023FY results this morning, recording a remarkable 288.1% y/y surge in EPS to NGN17.23 (2022FY: NGN4.44), driven by strong growth in the group’s core (+99.9% y/y) and non-core income (+71.3% y/y) lines for the year. In addition, the board proposed […]
Results & Dividends
Domestic Financial Market Company Update
March 22, 2024/United Capital Research Kindly see below company dividend declarations as at Friday, 22-March-2024. S/N Company Bonus Dividend/Share Dividend Yield Type Period Qualification Dates Closure of Register Payment Date 1 Africa Prudential Plc – ₦0.45 5.5% Final Dividend 31-Dec-23 15-Mar-24 18-Mar to 22-Mar 28-Mar-24 2 BUA Cement Plc – […]
Nestle Nigeria Plc 2023FY: A Challenging Year but Positive Medium-Term Outlook
March 18, 2024/Cordros Report In this report, we update our views on NESTLE following the release of its 2023FY results. NESTLE’s strong operating profit showcased its ability to navigate the pressured consumer market characterised by rising costs, naira devaluation and weak disposable income. However, FX losses due to naira devaluation offset […]
