Temitayo Peters, Analyst at ARM Securities, spoke to the Global Business Report about Dangote Sugar’s 2020 earnings.
He reviewed the revenue drivers behind the company’s 33% rise in 2020, he spoke about the cost environment and price increase in raw materials, and the impact of FX devaluation and Inflation.
He also talked about the operational outlook for the company in 2021 and made a buy/sell/hold call on the stock.
Be sure to watch this informative video and share your thoughts!
[bc_video video_id=”6236877221001″ account_id=”6116119081001″ player_id=”CJdhmO46zo” embed=”in-page” padding_top=”56%” autoplay=”” min_width=”0px” playsinline=”” picture_in_picture=”” max_width=”640px” mute=”” width=”100%” height=”100%” ]
Follow us on:
Donald Trump has selected businessman Tilman Fertitta, owner of the Houston Rockets, to serve as…
A plane crash in Gramado, Brazil, killed ten family members, including businessman Luiz Claudio Galeazzi,…
A suspect has been apprehended in Brooklyn subway after woman was set ablaze and died…
A Brazilian bridge collapse has killed one person and spilled sulfuric acid into the Tocantins…
Governor Soludo has expressed grief over Okija stampede, urges safety-first approach for future food distribution…
Slovak PM Robert Fico made a surprise visit to Moscow for gas talks with Putin,…