FSDH Initial Reaction: Unilever Nigeria 1Q24 results Kindly click here to download the report. April 22, 2024/FSDH Research Key Performance Highlights: Unilever Nigeria reported strong revenue growth of 57.8% YoY to N32.3 billion in 1Q24. The substantial revenue growth was primarily driven by a 97.8% YoY jump in the Personal […]
Results & Dividends
Unilever Nigeria Plc Q1’2024: Higher Prices and Volumes Increase Top-Line
April 22, 2024/CSL Research Unilever Nigeria Plc. recently released its Q1 2024 financial results, showing a significant uptick in revenue. Excluding its discontinued operations in the Home Care segment, the company’s Revenue surged by 57.8% y/y, reaching N32.32bn compared to N20.48bn in Q1 2023. This boost was fueled by both […]
Unilever Nigeria Plc Q1-24: Earnings Supported by Finance Income and Lower Tax
April 22, 2024/Cordros Report Unilever Nigeria Plc (UNILEVER) published its Q1-24 unaudited results after market close on Friday (19 April), reporting an earnings per share of NGN0.58 (Q1-23: NGN0.46). The growth in earnings was driven by the higher net finance income outturn (NGN516.27 million vs net finance cost of NGN159.88 […]
