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 […]
Results & Dividends
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, […]
Dangote Cement Plc FY 2019 – Promotional Commitments Yet to Boost Sales
Culled—Proshare February 27, 2020 By CardinalStone Research Dangote Cement Plc (DANGCEM: TP N201.29) reported a 48.4% YoY decline in profit after tax to N200.5 billion in its FY’19 audited report released after close of market yesterday. The performance was weighed by pressures on finance expense, higher selling & distribution cost, and […]
