January 26, 2023/FSDH Research FSDH Initial Reaction: Cadbury Nigeria FY22 results Kindly click here to download the report. Key Performance Highlights: After reporting massive topline growth over the first three quarters, Cadbury Nigeria posted lukewarm results in 4Q22. However, the company reported a strong 30.3% YoY revenue growth in FY22 […]
Results & Dividends
Unilever Reports Blockbuster Performance in 4Q’22
FSDH Initial Reaction: Unilever Nigeria FY22 results Kindly click here to download the report. January 25, 2023/FSDH Research Key Performance Highlights: Unilever Nigeria recorded a solid 25.8% YoY increase in revenue to N88.7 billion in FY22, powered by a 37.5% spurt in Food Products coupled with a 16.6% jump in […]
Unilever Nigeria Plc Q4-22: Gross Margin Hits Seven-Year High on Reduced Costs
January 24, 2023/Cordros Report Unilever Nigeria Plc (UNILEVER) published its Q4-22 unaudited results today, reporting a standalone EPS of NGN1.10 (vs EPS of NGN0.68 in Q4-21), bringing 2022FY EPS to NGN1.04 (2021FY EPS: NGN0.59). The growth in earnings was due to the expansion in gross margin (+105.5% y/y) following a […]

