L-R: Tonu Elumelu, Chairman, United Bank for Africa Plc (UBA) and Kennedy Uzoka, Group Managing Director, UBA Culled: The Nation Posted By: Taofik Salako On: April 19, 2017 In: Business, Investors United Bank for Africa (UBA) Plc is on the top list of companies with well-rounded performance. UBA’s top-of-the-chart performance at the stock market combines with […]
Results & Dividends
Unilever Nigeria Plc: What an Impressive Start; But Watch It!
April 19, 2017/Cordros Research Click here to download full PDF Report Unilever Nigeria Plc’s (UNILEVER) Q1-17 result, released yesterday, outperformed on two fronts: (1) revenue grew by 32% y/y while (2) operating expenses fell by 14.1% y/y. Both came in well-ahead of our +9% y/y and +2% y/y estimates respectively. […]
Okomu Oil Q4 2016 Results Review – Healthy Fundamentals; Outlook Still Positive
Culled—Proshare April 18, 2017/FBNQuest Research ward revisions to estimates and price target Okomu Oil’s (Okomu) Q4 2016 results came in stronger than we expected. The variance versus our estimates was mainly to due to a positive surprise in sales. For the coming year, Okomu management has guided to palm oil […]
