Results & Dividends

UBA Records 13% Earnings Growth and Delivers N111billion Profit

February 29, 2020/UBA Plc ·       Gross Earnings Crosses the N0.5 trillion mark ·       Contributions of Ex-Nigeria operations’ now at 46% ·       Proposes Final Dividend of N.80 Pan-African financial institution, United Bank for Africa Plc (UBA) has announced its audited results for the full-year ended December 2019, recording impressive growth across top and […]

Nigerian Breweries Q4 2019 Results Review: Earnings Squeezed by Increased Leverage

Culled—Proshare February 28, 2020 FBNQuest Research -9% cut to average EPS estimate over the 2020-22E period Nigerian Breweries (NB) grew beer volumes by low-single digits in 2019 following two consecutive years of decline. The recovery was driven by double-digit growth in the premium lager category. That said, despite price increases late […]

Dangote Cement Pays N16 per share Dividend; Pan African Sales Volume Grew in 2019

Culled—Proshare February 27, 2020 By Dangote Cement Dangote Cement Plc investment across Africa is bearing the desired results as Pan-African sales volume grew in the year 2019, hitting 9.6Mt from 9.4Mt. According to the full year report released on the floor of the Nigerian Stock Exchange, Dangote Cement Plant, Mtwara, […]