Results & Dividends

LAWUNION Board Approves 2017 Result, Declares Dividend Payment

February 13, 2018/NSE This is to notify The Nigerian Stock Exchange that the Board of Directors of Law Union Rock Insurance Plc met on Tuesday, 13th February 2018 to consider the Audited Financial Statements for the year ended 31″ December 2017. At the meeting, members of the Board also recommended […]

Guinness Nigeria Q2 2018 Results Review – PT and Underperform Rating Unchanged

Culled—Proshare February 8, 2018/FBNQuest Research      Increase to earnings estimates; PT unchanged Guinness Nigeria’s (Guinness) Q2 2018 (end-Dec) results were stronger than we expected. Although sales were in line and gross margin was softer, these were offset by interest expense and operating expenses surprising positively. As such, we have increased […]

Flour Mills Reports 39% Growth in Q3′ 17 Pretax Profit

February 6, 2018/NSE Flour Mills of Nigeria PIC, market leader in food and agro-allied products in Nigeria, today announced its unaudited financial statements with record growth in profitability for the nine months ended 31st December 2017. Key Highlights  Group  Group recorded revenue of N427.5 billion, up from N389.9 billion, in […]