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!
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