FSDH Initial Reaction: Presco FY22 results  Kindly click here to download the report February 1, 2023/FSDH Research Key Performance Highlights: Presco published its FY22 numbers, registering a massive 75.1% YoY revenue growth. Presco and Okomu Oil Palm Company are the most prominent players in Nigeria’s oil palm space, with Presco […]

February 1, 2023/PepsiCo The Board of Directors of PepsiCo, Inc. (NASDAQ: PEP) today declared a quarterly dividend of $1.15 per share of PepsiCo common stock, a 7 percent increase versus the comparable year-earlier period. Today’s action is consistent with PepsiCo’s previously announced increase in its annualized dividend to $4.60 per […]

February 1, 2023/Cordros Report MTN Nigeria Communications Plc (MTNN) published its Q4-22 audited results yesterday, reporting a standalone PAT of NGN89.84 billion (Q4-21: NGN78.34 billion). Consequently, the EPS stood at NGN4.41 (+14.7% y/y), bringing the 2022FY EPS to NGN17.63 (+20.2% y/y), supported by the sturdy growth in revenue (+24.1% y/y). […]