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GSK Declares N8.4BN Special Dividend at 47th AGM

Culled–Proshare May 24, 2018/GSK  GlaxoSmithKline Consumer Nigeria Plc has declared a special dividend of 8.4billion Naira representing N7.10 and a final dividend of 40k per share respectively for its shareholders… Read more »

Forte Oil Plc – Decent Q1’18 Numbers, AGM To Decide On Plans to Divest Subsidiaries

Culled—Proshare May 16, 2018/Vetiva Research  Highlights of Vetiva Analyst Report Decent Q1’18 numbers buoyed by Power earnings Selling all subsidiaries, retaining flagship fuel retailing business Power business divestment comes as… Read more »

Emirates Group Announces 2017-18 results

9/5/2018/jspcommunications Solid business growth in line with capacity increases leading to a record revenue of more than AED 100 billion (US$ 27.2 billion) for the 1st time Improved cash balance… Read more »

LafargeHolcim Annual General Meeting 2018: Shareholders approve all Board proposals

May 8, 2018/LafargeHolcim The shareholders of LafargeHolcim who attended today’s Annual General Meeting approved all the motions proposed by the company’s Board of Directors. 743 shareholders representing a total of… Read more »

PRESCO Reports Q1 2018 Results – Neutral to Negative Reaction by the Market Expected

Culled—Proshare May 4, 2018/FBNQuest Research Event: Presco reports Q1 2018 results Implications: Neutral-to-negative reaction by market expected Positives: No obvious positives Negatives: PBT and PAT declined by -33% y/y on… Read more »

UAC of Nigeria Reports Q1 2018 Results – Net Interest Expense Declined -64% YoY to N446m

Culled—Proshare May 3, 2018/FBNQuest Research ­Event: UAC of Nigeria (UACN) reports Q1 2018 results Implications: Downward adjustments to consensus 2018E EPS forecast expected Positives:  Net interest expense declined -64% y/y… Read more »