April 2, 2019/Cordros Report Event: DANGSUGAR just published 2018FY results, with EPS down 44.1% y/y following poor performance across key lines. Revenue, PBT, and PAT dipped by 26% y/y, 35% y/y, and 44% y/y, respectively. The board proposed a final dividend of NGN1.10/s (2017FY: NGN1.25/s), which translates to a yield […]
Results & Dividends
Oando Boosts Stakeholder Confidence: Records 37% Increase In Turnover
Oando Marks Third Consecutive Year of Profit April 1, 2019/Oando Oando PLC has once again demonstrated its ability to deliver good results and create value for shareholders. The indigenous oil company on Friday, March 29, published its financial results for the full year ended, December 31, 2018. Despite a challenging […]
Unilever Nigeria Plc: Cost Pressures Weigh on Q4-18 Earnings
April 1, 2019/Cordros Report Event: UNILEVER published Q4-18 and 2018FY results after close of market on Friday, showing net profit declined by 26.8% y/y in Q4. Net profit was weighed by a surge in input costs, which significantly outpaced tame revenue growth, and higher operating expenses. The board has proposed […]
