Results & Dividends

Unilever Nigeria Plc Q2-23: Weak Gross Margin, Operating Loss Pressures Profitability

July 25, 2023/Cordros Report Unilever Nigeria Plc (UNILEVER) published its Q2-23 unaudited results yesterday, reporting standalone earnings per share of NGN0.02 (same as the corresponding period in 2022), bringing H1-23 earnings per share to NGN0.48 (H1-22: NGN0.33). UNILEVER’s earnings in the period was impacted by the weaker gross margin (-21.81ppts) […]

FBNH Elects Femi Otedola Non-ED, Seek Shareholders’ Approval for Rights Issue

July 24, 2023/NGX The 11th Annual General Meeting (AGM) of members of FBN HOLDINGS PLC will be held virtually on Tuesday, August 15, 2023, at 10a.m. or so soon thereafter to transact the following:  Ordinary Business:  1. To receive the audited accounts for the financial year ended December 31, 2022, […]

FBN Holdings continues to deliver solid performance in 2Q23

FSDH Initial Reaction: FBN Holdings 2Q23 results  Kindly click here to download the report. July 24, 2023/FSDH Research Key Performance Highlights: On July 20, FBN Holdings reported a solid set of numbers for 2Q23 as the gross earnings jumped 125.4% YoY to N397.0 billion compared to N176.1 billion in 2Q22, […]