Results & Dividends

Guinness Nigeria Reports Pre-tax and Post-tax Losses of N2.4bn in Q2’17 Results

Culled—-Proshare January 26, 2017/FBNQuest Research Event: Guinness Nigeria reports Q2 2017 (end-Dec) results Implications: Marked downward revisions to consensus 2017 PBT forecast expected; market likely to react negatively Positives:  Sales grew 30% y/y; 23% ahead of our estimates Negatives: Guinness reported pre-tax and post-tax losses of –N2.4bn This morning, the […]

Stanbic IBTC Holdings Q4 2015 – Q3 2016 Results Review -FRC Saga Finally Behind The Bank

Culled—Proshare January 23, 2017/FBNQuest Research Improved fundamentals drive upgrade to earnings forecasts Following the recent publication of Stanbic IBTC Holdings’ Q4 2015 – Q3 2016 results, we have updated our forecasts. The delay in the publication of the results made our previous forecasts redundant. The increase to our forecasts is […]

82 Quoted Companies Declared Dividends and Bonuses in 2016

Culled—Proshare December 30, 2016/Proshare Markets Returns on investments such as bonuses and dividend payments by quoted firms remain a key attraction to shareholders as they usually look up to what various companies have to offer at the end of every financial calendar. In 2016, eighty-two (82) quoted companies have declared […]