Results & Dividends

UNILEVER H1-2020 Unaudited Result: Tight credit terms and lockdown woes derail performance

July 22, 2020/United Capital Report Recently, Unilever Nigeria Plc (UNILEVER) published its unaudited H1-2020 financial result. According to the report, Revenue sharply declined by 35.9%y/y to N27.3bn, amid the continued negative impact of the management’s decision to tighten credit terms since H2-2019, on the y/y volume growth. Overall, the company […]

Unilever Nigeria Plc Q2-20 : Third Loss in Four Quarters as Margin Pressure Intensifies

July 21, 2020/Cordros Report UNILEVER published Q2-20 and H1-20 results after the close of market yesterday, which showed that the company’s EPS declined by 181.9% y/y in Q2, implying a post-tax loss of NGN1.63 billion – the company’s third loss in the last four quarters. The y/y EPS decline was […]

PepsiCo Declares Quarterly Dividend

July 15, 2020/PepsiCo /PRNewswire/ — The Board of Directors of PepsiCo, Inc. (NASDAQ: PEP) today declared a quarterly dividend of $1.0225 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 […]