11/8/2016/Old Mutual The Directors of Old Mutual plc (the ‘Company’) have declared an interim dividend for the six months ended 30 June 2016 of 2.67p per share (the ‘Interim Dividend’), which will be paid on 28 October 2016. Shareholders on the South African, Zimbabwean and Malawian branch registers and the […]
Updates
Old Mutual to invest in Nigerian real estate, agriculture
August 12, 2016/Reuters By Chijioke Ohuocha Anglo-South African financial services firm Old Mutual and Nigeria’s sovereign wealth fund on Friday signed agreements to set up two funds to invest in real estate and agriculture in Africa’s most populous nation. Old Mutual and Nigeria Sovereign Investment Authority (NSIA) said they would […]
Flour Mills: Strong Q1-16/17 Performance Underpins Earnings Revision
August 12, 2016/Cordros Research FLOURMILL’s Q1-16/17 numbers outperformed consensus, with EBIT and PBT respectively growing by 56.9% y/y and 394.3% y/y. Key drivers were the significant growth in gross profit and decline in finance charges. Given the strong start to the year, albeit acknowledging underlying downside risks, we have revised […]
