PRESCO PLC recently released its audited FY 17 results with EPS of N25.36 declaring a dividend of N2.00 per share. Please find attached the full result of PRESCO PLC as released on the NSE and see key highlights below:

  • Revenue grew by 42.31% to ₦22.36bn (₦15.71bn in 2016).
  • Cost of sales was up by 34.99% to ₦5.94bn (₦4.40bn in 2016).
  • Gains on biological asset revaluation declined by 88.79% to ₦2.78bn in 2017 from ₦24.87bn in 2016.
  • PAT increased by 16.88% y/y to ₦25.40bn from ₦21.74bn due to a tax credit of N14.45bn


Corporate Action
Proposed Dividend                          N2.00
Qualification date                            Yet to be announced
Closure Date                                   Yet to be announced
Payment Date                                 Yet to be announced

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