March 20, 2018/Cadbury Nigeria Plc Cadbury Nigeria Plc today announced that its current efforts aimed at repositioning the company for improved efficiency have yielded positive results. The company’s revenue increased from N29.979 billion in 2016 to N33.079 billion in 2017, representing a 10 percent growth. Its profit after tax also […]
Results & Dividends
Stanbic IBTC Holdings Q4 2017 Results Review: Downgrading to Underperform
Culled—Proshare March 20, 2018/FBNQuest Research 8-10% cut to our 2018-19E EPS and price target Stanbic IBTC Holdings’ (Stanbic) Q4 2017 PBT missed our forecast by 22% largely due to negative surprises on provisions and opex. Consequently, we have cut our 2018-19E PBT forecasts by around 8% on average and our […]
GSK Nigeria to pay N8.97b special dividend to shareholders
March 20, 2018/The Nation Taofik Salako GlaxoSmithKline Consumer Nigeria (GSK) Plc will distribute a total of N8.97 billion as dividend to shareholders for the 2017 business year. The board of directors of GSK yesterday indicated that it has approved the payment of N8.49 billion as special dividend and N478.4 million […]
