INTERNATIONAL BREWERIES PLC FY 23 Earnings – Price increases boost gross margin

Analyst: Oluebube Nwosu* o.nwosu@vetiva.com Target price: ₦5.90 Rating: HOLD Pricing increases elevate topline In the [...]

2024 High Conviction Stocks | January performance review

Nigerian equities kicked off 2024 on a strong note, as the NGXASI gained 35.3% in [...]

PRESCO PLC FY’23 EARNINGS – Efficiency gains offset cost pressures

Analyst: Abigail Alabi* a.alabi@vetiva.com Target price: ₦250.97 Rating: SELL PRESCO recently released its unaudited FY’23 [...]

FLOUR MILLS OF NIGERIA PLC 9M’24 EARNINGS – Topline expansion momentum sustained

Analyst: Oluebube Nwosu*o.nwosu@vetiva.comTarget price: ₦35.91Rating: SELL Q3 revenue growth expands gross marginIn the third quarter [...]

SSA Inflation Update – December 2023

Analyst: Ibukun Omoyeni*I.omoyeni@vetiva.com Lower oil prices moderate inflation in most SSA economies In 2023, headline [...]

TOTALENERGIES MARKETING NIGERIA PLC FY’23 EARNINGS – Higher fuel prices propel topline

Analyst: Victoria Ejugwu* Target price: ₦359.71 Rating: SELL Amidst higher fuel prices, Total reported a [...]

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