Results & Dividends

Flour Mills of Nigeria 2021FY: Solid topline growth and higher investment income underpins record-breaking PAT

July 1, 2021/Cordros Report FLOURMILL published its 2021FY audited financials after the market’s close (29th June). The result showed that Profit after tax grew remarkably by 126.0% y/y to NGN25.72 billion – the highest on record. The strong performance was underpinned by the solid topline growth (+34.5% y/y) and a […]

Access Bank Results Review: Stellar Q1 ’21 Results Underpinned by Robust Revenue Growth

June 28, 2021/Proshare By FBNQuest Research  11% upward revision to our price target Access Bank‘s (Access) Q1 ’21 PBT came in well ahead of our forecast due to positive surprises on both revenue lines. Consequently, we have increased our FY ’21-22f earnings forecasts by 37% on average. However, our new […]

SAHCO Assures Shareholders of Enhanced Performance

… As shareholders approve 16.5 kobo dividend for 2020 June 22, 2021/CAMCAN Skyway Aviation Handling Company Plc (SAHCO) has assured shareholders of enhanced returns on their investments in the years ahead. SAHCO Chairman, Dr Taiwo Afolabi, gave the assurance at the company’s 11th Annual General Meeting (AGM) on Tuesday in […]