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MarketScreener Homepage  >  Equities  >  Nigerian Stock Exchange  >  AIICO Insurance Plc    AIICO   NGAIICO00006

AIICO INSURANCE PLC

(AIICO)
  Report
End-of-day quote. End-of-day quote Nigerian Stock Exchange - 10/19
0.89 NGN   +5.95%
09/23AIICO INSURANCE : Supports Vulnerable Persons
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09/16AIICO INSURANCE : Shifts Annual General Meeting to December
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08/05AIICO INSURANCE : Grows Premium By 26%
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AIICO Insurance : Supports Vulnerable Persons

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09/23/2020 | 07:06am EDT

AIICO Insurance Plc, in partnership with 'We Stand Foundation,' recently organised a feeding relief programme to cater to the needs of underprivileged people in Lagos.

In all, 300 families within the Iwaya community, Yaba, were beneficiaries of the relief packages which included a variety of food items and reusable nose masks.

AIICO's Corporate Responsibility and Sustainability Manager, Abimbola Shobanjo, while speaking on the gesture, said it was a delight to bring smiles to the faces of the beneficiaries.

According to her, besides solving hunger, the company, considered the well-being of the beneficiaries a high priority in view of the need to continue to keep safe.

"We leverage on key partners to spot opportunities and drive these initiatives."

Also speaking, AIICO's MD/CEO, Mr. Babatunde Fajemirokun, said: "This endeavour is reflective of our corporate culture of touching lives and impacting communities. These are challenging times and we are mindful of the impact. We have a long-term plan in place to ensure the sustainability of these efforts."

AIICO had organised a similar programme during the lockdown period where food and other health and safety packages were distributed to people in different communities to mitigate the impact.

Copyright This Day. Distributed by AllAfrica Global Media (allAfrica.com)., source News Service English


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Financials
Sales 2019 71 986 M 190 M 190 M
Net income 2019 5 784 M 15,3 M 15,3 M
Net cash 2019 7 451 M 19,7 M 19,7 M
P/E ratio 2019 0,87x
Yield 2019 -
Capitalization 11 421 M 30,1 M 30,2 M
EV / Sales 2018 0,03x
EV / Sales 2019 -0,03x
Nbr of Employees 559
Free-Float 72,9%
Chart AIICO INSURANCE PLC
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 1
Average target price 0,83 NGN
Last Close Price 0,84 NGN
Spread / Highest target -1,79%
Spread / Average Target -1,79%
Spread / Lowest Target -1,79%
Managers
NameTitle
Babatunde Fajemirokun Chief Executive Officer, MD & Director
Kundan Sainani Chairman
Oladeji Oluwatola Chief Financial Officer
Kadri Adewale Abass Executive Director & Head-Technical
Sobandele David Ayodeji Sobanjo Non-Executive Director
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