Results & Dividends

ATI Earmarks Initial $2.5 Million to Pay Dividend to Shareholders Including14 African Member Governments

July 10, 2018/ATI In a much anticipated announcement, the African Trade Insurance Agency (ATI) (www.ATI-ACA.org), declared that its General Assembly had approved the first ever payments to shareholders. The announcement comes on the heels of ATI’s Annual General Meeting held in Abidjan, where the company also announced its record-breaking 2017 […]

Shareholders of Cadbury Endorse N301.5 Million Dividend in 2017

July 6, 2018 By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Shareholders of food and beverage makers, Cadbury Nigeria Plc at the company’s 53rd Annual General Meeting (AGM) on Friday endorsed the payment of 16 kobo per share dividend amounting to N301.5 million for the period ended December 31, 2017 despite harsh operating […]

FLOURMILL FY 2018 Results – Gains from Deleveraging To Support FY 2019 PAT

Culled—Proshare July 4, 2018/Vetiva Research Weak Q4’18 performance drives FY earnings underperformance 5% revenue growth expected for FY’19 amidst muted price increases Lower debt balance to support moderation in interest costs Operating margin estimate reduced, BUY rating maintained Weak Q4 performance dampens earlier gains from FY’18 FLOURMILL recently released its […]