November 17, 2023/United Capital Research Nestle Nigeria Plc (“the company” or “Nestlé”) recorded a modest growth in its topline for 9M-2023, posting a 19.0% y/y increase in total turnover (Revenue), from N333.5bn in 9M-2022 to N396.6bn. The company’s turnover rate (19.0%) for the period under review had more pace compared […]
Results & Dividends
Julius Berger Nigeria Plc 9M-2023: Earnings Remain Strong Despite Increasing Pressure from Rising Costs
November 17, 2023/United Capital Research Julius Berger Nigeria Plc’s (JBERGER) 9M-2023 unaudited financial result showed that revenue climbed by 7.6% y/y to N333.4bn despite economic challenges and expected construction delays due to seasonal rains. The primary catalyst for the positive performance was an upsurge in public sector contracts in the […]
PepsiCo Declares Quarterly Dividend of $1.265 Per Share
November 16, 2023/PepsiCo The Board of Directors of PepsiCo, Inc. (NASDAQ: PEP) today declared a quarterly dividend of $1.265 per share of PepsiCo common stock, a 10 percent increase versus the comparable year-earlier period. Today’s action is consistent with PepsiCo’s previously announced increase in its annualized dividend to $5.06 per […]
