Analysts see upsides in Seplats’ earnings on balance sheet deleveraging

Analysts see an upside in Seplat development Corporation Company (Seplat) Plc’s earnings as balance sheet deleveraging will pave the way for dividend payment. “With the significant deleveraging in the balance sheet based on our estimates there is clear capacity for enhanced shareholder return via resumption of dividend payments in 2018,” said analysts at ARM Securities…