April 21, 2017/Nigerian Breweries Plc The Board of Directors of Nigerian Breweries Plc has declared a profit after tax of N11. 44 billion for the first quarter of 2017. The unaudited and provisional results sent to The Nigerian Stock Exchange shows that the amount represents a 9 per cent increase […]

April 21, 2017/InvestmentOne Research Nigerian Breweries Plc  released its Q1 2017  late yesterday. Please find key highlights below: ·         Revenue of N91.29bn; up +0.29% q/q;  +17.71% y/y ·         Profit before tax of N17.44bn  up +46.82% q/q; +16.20% y/y ·         Profit after tax of N11.45bn; up +37.85% q/q; +9.51% y/y Please […]

Culled—Proshare April 20, 2017/Vetiva Research FY’16 PAT surge on gains on revaluation of biological assets Normalized PAT up significantly amidst strong CPO prices Mature oil palm plantation at 15,356ha at year end (FY’15: 11,587ha) Board of Directors declares DPS of N1.50 Target price revised to N59.45 (previous: N53.49) Strong FY’16 […]