February 21, 2017/Cordros Research Click here to view full report Late yesterday, NB released Q4-2016 and final results for 2016FY. Not surprising, 2016FY EPS was at record low N3.58 (vs. our estimate of N3.35), as gross margin compression (528bps) and significant increase in finance costs more than offset single-digit revenue […]
Results & Dividends
Nigerian Breweries 2016 After-Tax Profit Down
By InvestAdvocate Click here to download PDF Report Lagos (INVESTADVOCATE)-Nigeria’s brewing giant, Nigerian Breweries Plc said on Monday its 2016 after-tax profit for the full year ended December 31 2016 declined 25.37 percent to N28.4 billion from N38.0 billion recorded a year earlier. Pretax profit for the review period also […]
Nigerian Breweries Proposes Final Dividend of N20.45 Billion
February 20, 2017/NSE The Audited Results of Nigerian Breweries Plc in respect of the year ended 31st December, 2016 were approved at a Board Meeting of the Company which took place on the 15th of February, 2017. The requisite filings have been uploaded via the Issuers’ Portal. Also at the […]
