Results & Dividends

PZ Cussons Nigeria Q4 2020 and Q1 2021 Results Review: Upgrading to Neutral

Culled—Proshare October 15, 2020 by FBNQuest Research Material increases to earnings estimates We have raised our price target on PZ Cussons Nigeria (PZ) by 32% to N5.4 on the back of its latest results, which exceeded expectations. Q1 2020 (end-August) earnings indicate a sharp recovery from the lockdown that hit […]

Fixed Income Trading, Low Cost of Funds Boost Zenith’s PAT

September 22, 2020/Cowry Asset Report Zenith Bank Plc’s financial result in H1 2020 was positive despite the COVID-19 pandemic challenges, ridiculously low interest rate environment and the slump in economic activities. Its positive performance was chiefly boosted by trading gains, low interest expense and decline in tax provision. Click here […]