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SAHCO Wins Best Performing Stock Award

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The Managing Director, Skyway Aviation Handling Company PLC (SAHCO), Basil Agboarumi have said that SAHCO is committed to  continue to deliver safe, speedy and efficient aviation ground handling service as SAHCO won the award of “Best Performing Stock” for the year 2021.

SAHCO won the award at the Nigerian Investor Value Awards 2022 (NIVA) hosted by BusinessDay and the Nigerian Exchange (NGX) in Lagos Continental Hotel, Victoria Island.

SAHCO was picked from three nominees in the Transport Related category because of the recognition of SAHCO’s stellar performance in creating value on the Nigerian Stock Exchange on the basis of the following criteria which are share price, dividend payments, sustainability, brand value, market leadership and business strategy in 2021.

Speaking while receiving the award, Basil Agboarumi, said that SAHCO has done very well as a Public Listed company by delivering aviation ground handling service in line with internationally accepted best practices though SAHCO is fairly new to the Nigerian Stock Exchange market having joined the 23rd of April, 2019.

At the event, Ogho Okiti, the Managing Director of BusinessDay Media Limited said in his opening speech that the award ceremony which was formerly known as Top 25 Awards was created to recognize leaders of public and private companies who have created sustainable alpha-generating value for their shareholders through their strategic priorities, operating efficiencies, organizational values and market engagement activities.

He went on to say that though there has been a backdrop of slow economic growth and a volatile national economy in the past 12 months, following the Covid-19 pandemic in 2020, the capital markets have maintained a positive growth trend showing a testament to the resilience and agility of businesses within the bourse.

SAHCO is a public listed enterprise involved in the activities which include passenger handling, ramp handling, cargo handling and warehousing, aviation security, baggage Reconciliation, crew bus and executive lounge services and other related ground handling services for the world’s best airlines, originating within Nigeria and from various parts of the continent

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