Culled—Proshare August 19, 2020 by FBNQuest Research Outperform rating maintained Lafarge Africa’s (Lafarge) Q2 2020 surprised positively. Our forecasts were hinged on a significant adverse impact on cement volume sales from the pandemic-related lockdown during the quarter. However, Lafarge and indeed the sector faired better. Lafarge’s cement volumes were down […]
Results & Dividends
FMN Reports 184% Post-Tax Profit in 2019/20 Year End, Says Final Dividend Up 17% to N1.40 Per Share
. Shows remarkable growth in all key segments of Food, Agro-Allied and Sugar . Feeding the Nation every day’, FMN puts 2020 focus on improved customer experience and sustainable growth . Agro-Allied business sees astounding profit growth in Oil and Fats and Proteins August 19, 2020/ANA PR . Proposes final […]
FLOURMIL Q1-2020/21 Unaudited Result: FX Loss dampens an impressive performance
August 21, 2020/United Capital Report Recently, Flour Mills of Nigeria (FLOURMIL) released its unaudited Q1-2020/21 financial result. According to the report, Revenue grew 14.7% y/y to N154.8bn in FY-2019/20 while Profit After Tax (PAT) rose faster by 17.3% y/y to N5.0bn. Below we give our take on the result as well […]
