April 7, 2017/InvestmentOne Research Click here to download PDF Copy of Okomu Oil Plc Financial Statements for the Year Ended December 31, 2016 Okomu oil released its Q4 2016 results late yesterday. Please find key highlights of the Q4 2016 results below: · Revenue of N3.45bn, up +2.6% q/q; +73.7% […]
Results & Dividends
UACN Plc FY 2016: Earnings To Shake-off Temporary Worries, BUY Recommendation
Culled—Proshare April 6, 2017/ARM Research Based on recently released FY 16 audited numbers, UAC of Nigeria Plc. (UACN) reported its first growth in operating profit in four years as the combined effect of higher prices and cost containment (OPEX and finance charges) masked sizable input cost pressures witnessed over the […]
Unilever Nigeria Plc: Upward Revision to Estimates; SELL Rating Retained
April 6, 2017/Cordros Research Click here to download PDF Report In this update note on Unilever Nigeria Plc (UNILEVER), we make adjustments for (1) finance charges, on potential savings from the refinancing of expensive local short term debts with cheaper USD loans, (2) continued impact on the top line and […]
