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 […]

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 […]

November 16, 2023/CSL Research Flour mills of Nigeria Plc’s (Flourmills) earnings have been growing steadily in recent years. In its H1 2024 (ended September 2023), the company reported a 33.87% y/y growth in Revenue to N964.65bn. This growth was driven by a combination of factors, including increased sales volumes, higher […]