March 2, 2020/Cordros Report Event: NESTLE published Q4-19 and 2019FY results yesterday, which showed that the company’s EPS declined by 10.6% y/y in Q4. The y/y EPS decline was weighed by higher finance costs and effective tax rate, both of which offset the strong operational performance. On the 2019FY EPS […]
Results & Dividends
MTN Nigeria 2019FY: Performance in line with expectations; strong growth continues
March 2, 2020/Cordros Research Event: MTN Nigeria Communications Plc (MTNN) released its Q4-19 and 2019FY audited results after close of market last Friday (28 February 2020), in which the company reported an EPS growth of 75.5% in Q4, underpinned by accelerating topline growth and lower operating costs. For 2019FY, revenue […]
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 […]
