February 27, 2020/Cordros Report Event: DANGCEM published Q4-19 and 2019FY audited financials after the close of the market yesterday, reporting a significant decline in EPS of 80.2% y/y. The decline in EPS was mainly due to the tax reversal and tax credit (NGN179 billion: Ibese lines 3 & 4 and […]
Results & Dividends
PepsiCo Announces Timing and Availability of First Quarter 2020 Financial Results and Conference Call
February 26, 2020/PepsiCo /PRNewswire/ — PepsiCo, Inc. (NASDAQ: PEP) today announced that it will issue its first quarter 2020 (ending March 21) financial results and other related information on Tuesday, April 28, 2020 at approximately 6:00 a.m. Eastern Daylight Time (EDT) by posting materials on the company’s website at www.pepsico.com/investors. The earnings conference call for investors and financial […]
Nigerian Breweries Plc FY 2019 Results: Profitability Wanes on Excise Duties Increase
February 26, 2020/InvestmentOne Report Flat topline performance: down 0.4% y/y. · Slightly Improved gross profit margin: up 151bps y/y. · Rise in opex/sales ratio: up 204bps y/y. · Contraction in PBT Margin: down 184bps y/y. Nigerian Breweries released its FY 2019 result recently; the scorecard largely reflected the persistent pressures […]
