{"id":1490,"date":"2023-11-24T16:01:36","date_gmt":"2023-11-24T16:01:36","guid":{"rendered":"https:\/\/vetivaresearch.com\/?p=1490"},"modified":"2023-11-25T11:10:23","modified_gmt":"2023-11-25T11:10:23","slug":"guinness-nigeria-plc-q124-earnings-price-increase-sustains-revenue-growth","status":"publish","type":"post","link":"https:\/\/vetivaresearch.com\/?p=1490","title":{"rendered":"GUINNESS NIGERIA PLC Q1\u201924 Earnings: Price increase sustains revenue growth"},"content":{"rendered":"<p>Analyst: Oluebube Nwosu* Target price: \u20a666.50 Rating:&nbsp;SELL Cost of sales outpaces revenue growth. In Q1&#8217;24, GUINNESS reported a revenue of \u20a659.5 billion, representing a 13% increase y\/y. This increase was based off price increases as volumes declined, just like for other consumer goods companies. While revenue showed growth, the gross profit margin experienced a marginal&#8230; <\/p>\n<div class=\"pmpro_content_message\">For standard subscribers only.<br \/><a href=\"https:\/\/vetivaresearch.com\/?page_id=135\">Login<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Analyst: Oluebube Nwosu* Target price: \u20a666.50 Rating:&nbsp;SELL Cost of sales outpaces revenue growth. In Q1&#8217;24, GUINNESS reported a revenue of \u20a659.5 billion, representing a 13% increase y\/y. This increase was based off price increases as volumes declined, just like for other consumer goods companies. While revenue showed growth, the gross profit margin experienced a marginal... <\/p>\n<div class=\"pmpro_content_message\">For standard subscribers only.<br \/><a href=\"https:\/\/vetivaresearch.com\/?page_id=135\">Login<\/a><\/div>","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":0,"footnotes":""},"categories":[10],"tags":[21,22,23],"class_list":["post-1490","post","type-post","status-publish","format-standard","hentry","category-consumer-goods","tag-company-earnings","tag-guinness-nigeria","tag-ngx","pmpro-level-required","pmpro-level-1","pmpro-no-access"],"_links":{"self":[{"href":"https:\/\/vetivaresearch.com\/index.php?rest_route=\/wp\/v2\/posts\/1490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vetivaresearch.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vetivaresearch.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vetivaresearch.com\/index.php?rest_route=\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/vetivaresearch.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1490"}],"version-history":[{"count":92,"href":"https:\/\/vetivaresearch.com\/index.php?rest_route=\/wp\/v2\/posts\/1490\/revisions"}],"predecessor-version":[{"id":1716,"href":"https:\/\/vetivaresearch.com\/index.php?rest_route=\/wp\/v2\/posts\/1490\/revisions\/1716"}],"wp:attachment":[{"href":"https:\/\/vetivaresearch.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vetivaresearch.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vetivaresearch.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}