Results & Dividends

Strong Performance Boosted by a Rebound in Economic Activities

September 2, 2021/United Capital Research Please click here to download the full report Major downstream player TOTAL (‘or the company or the firm” from henceforth) released its unaudited financial result for H1-2021. The rebound in economic activities in H1-2021, juxtaposed against the low base of H1-2020, which was plagued by lockdowns […]

Nestle Nigeria Q2 2021 Results Review: Upgraded to Outperform from Neutral

August 31, 2021/Proshare by FBNQuest Research   Average EPS over 21-23f raised by 9%; price target raised by 15% We have raised our EPS forecast for Nestle over the 21-23f period by 9% on average. Our upward revision is because of price increases by around 10% (based on our market […]

Zenith Bank Shows Resilience As Profit Before Tax (PBT) Grows By 3% In H1 2021

August 30, 2021/Zenith Bank Plc In a clear demonstration of its resilience, Zenith Bank Plc has announced its audited results for the half-year ended 30 June 2021, recording positive growth across key financial metrics despite a challenging macroeconomic environment exacerbated by the COVID 19 pandemic. According to the bank’s audited […]