Investors Bite

UNILEVER Q2 2017 Results: Key Highlights

July 14, 2017/InvestmentOne Research NIGERIA | EQUITIES | CONSUMER GOODS | UNILEVER NIGERIA  PLC Unilever Nigeria Plc  released its Q2 2017 today. Please find key highlights below: ·         Revenue of N22.93bn; up +3.43% q/q;  +47.99% y/y ·         Profit before tax of N2.86bn  up +31.38% q/q; c.+4000%  y/y on lower base […]

Unilever Nigeria Plc Undertakes N58.9bn Rights Issue

Culled—Proshare July 13, 2017/Unilever Following shareholder approval received in May, Unilever Nigeria Plc has now received clearance of the issue documents from the Securities and Exchange Commission and the Nigerian Stock Exchange (“The NSE”) in respect of the Rights Issue. The transaction is part of the Company’s strategy to drive […]

Nigerian Stocks Continue Positive Momentum, as YTD Perfomance Hits 23.71%

July 13, 2017/InvestmentOne Research Please click to download the Market Report for Thursday 13th July 2017  EQUITIES: The All Share Index continued the positive momentum by recording a +0.80% gain today. Therefore, the ASI closed at 33,246.91pts representing a market capitalisation of N11.46bn. Meanwhile, YTD performance stands at +23.71%. Today’s trading session […]