Results & Dividends

Guinness Nigeria Portfolio Resilience in Q3 2021 Results Spurred by Resurgent Demand

May 18, 2021/Proshare by FBNQuest Research Broad-based increase to our 21-23f EPS forecasts; dividend payments likely to resume We have raised our price target on Guinness Nigeria (Guinness) to NGN28.6 and upgraded our rating to Neutral from Underperform. These adjustments follow an impressive set of results in Q3 ’21 (end […]

Okomu Oil Q4’20 and Q1’21 Results Review: Commodity Price Boom Providing Support for 2021

May 17, 2021/Proshare by FBNQuest Research   Neutral rating maintained despite improvement in EPS outlook over the ’21-22f period Okomu’s earnings in Q1 ’21 were up 160% y/y to NGN5.3bn. Profitability was helped by both strong palm oil sales growth of 78% y/y to NGN11.bn and rubber sales (up +94% […]

PepsiCo Announces Timing and Availability of Second Quarter 2021 Financial Results

May 13, 2021/PepsiCo /PRNewswire/ — PepsiCo, Inc. (NASDAQ: PEP) today announced that it will issue its second quarter 2021 (ending June 12) financial results and other related information on Tuesday, July 13, 2021 by posting the following materials and links on the company’s website at www.pepsico.com/investors. Press release and 10-Q at approximately 6:00 a.m. EDT […]