Results & Dividends

Earnings Update: ACCESSCORP, ZENITHBANK and GTCO

May 17, 2023/Cordros Update We update our views on ACCESSCORP (BUY, TP: NGN13.80), ZENITHBANK (BUY, TP: NGN34.69) and GTCO (BUY, TP: NGN31.73). For ACCESSCORP, we increase our 12M target price by 2.6% to NGN13.80/s (previously: NGN13.45/s) and maintain our “BUY” rating. The upward adjustment in our TP reflects our expectations of an improved financial performance, supported […]

Domestic Financial Market Company Update

May 12, 2023/United Capital Report Kindly see below company dividend declarations as at Friday, 12th May 2023.   S/N Company Bonus Dividend/Share Qualification Dates Dividend Yield Closure of Register Payment Date 1 ABC Transport Plc – ₦0.02 26-May 3.8% 29 to 31-May To be advised 2 Access Holdings Plc – ₦1.30 […]

Airtel Africa Reports Solid Performance in FY23

FSDH Initial Reaction: Airtel Africa Plc FY23 results  Kindly click here to download the report. May 12, 2023/FSDH Key Performance Highlights: Airtel Africa reported robust FY23 numbers on 11 May 2023. The company recorded an 11.5% YoY revenue growth in reported currency to US$5,255 million in FY23 (+17.6% in constant […]