Results & Dividends

NAHCO Repositions for Growth as Shareholders Get N406m Dividend

July 29, 2019/NAHCO The Nigerian Aviation Handling Company (NAHCO) Plc at the weekend assured its shareholders that the ongoing implementation of a strategic five-year growth plan will lead to a more agile and profitable company. At the annual general meeting in Kano, directors of NAHCO outlined strategic growth objectives, key […]

Okomu Oil Palm Plc: EPS Down 57.4% Y/Y Over 6M-19

July 27, 2019/Cordros Report Event: OKOMUOIL recently published H1-19 results, showing significant contractions across key lines – revenue (-33.8% y/y), PBT (-59.2% y/y), and PAT (-57.4% y/y). On Q2 19 numbers, despite higher rubber sales (+58.4% y/y), lower than expected revenue from CPO (-29.6% y/y) underpinned earnings downbeat. The reported […]

Airtel Africa Says Profit in Q1 2019 Down 12.22% to $132.2 Million

July 27, 2019/CAMCAN Key Highlights • Customer base grew by 9.3% to 99.7 Mn • Reported revenues increased to $ 795.9 Mn, up 6.9%, with constant currency growth of 10.2%. This was the 6th consecutive quarter of double-digit constant currency growth • Revenue growth of 10.2% in constant currency was […]