May 12, 2017/Cordros Research Click here to download full PDF Report Nigerian Capital Market Equities Surprisingly, it was a record breaking week in the market, with the All Share Index posting the largest singular gain of 3.18%, since 15th of June 2016, setting a 9 month-high at 28,423.70 points. We […]
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Guinness Nigeria Q3 2017 Results Review – Neutral Rating Maintained
Culled—Proshare May 12, 2017/FBNQuest Research Increase to earnings estimates and price target Guinness Nigeria’s (Guinness) Q3 2017 (end-Mar) results were stronger than we expected. The results were driven mainly by stellar sales growth of 54% y/y and a gross margin expansion of about 1,000bps y/y; both sales and gross margins […]
Unilever Nigeria Plc holds 92nd AGM, Declares N378 million dividend
Culled—Proshare 12/5/2017/Press Release Unilever Nigeria Plc., has declared a dividend of N378 million following the approval of the company’s shareholders at the 92nd Annual General Meeting of the Company held in Lagos on Thursday May 11 at the Muson Centre. The dividend declared amidst a challenging operating year and environment […]
