July 20, 2022/InvestmentOne Report Strong topline performance: up 13.06% q/q and 42.28% y/y, Mixed gross profit margin: down 466bps q/q, up 298bps y/y Opex/sales ratio at 26.20%; up 160bps q/q and 64bps y/y Profit after tax of N110million in Q2 2022 against N1.00billion and N1.79billion in Q2 2021 and Q1 […]
Results & Dividends
Unilever Reports Solid Revenue Growth in 2Q22, Bottomline Marred by Rising Finance and Tax Expenses
July 19, 2022/FSDH Research Kindly click here to download the report. Key Performance Highlights: Unilever Nigeria recorded a solid 42.3% YoY increase in revenue to N23.2 billion in 2Q22, driven by a robust 45.2% YoY growth in Food Products coupled with a 40.0% YoY jump in Home and Personal Care […]
She is 18.6, and She is Inflation
July 18, 2022/CSL Research The Consumer Price Index (CPI) data released by the National Bureau of Statistics (NBS) showed that headline inflation increased rapidly, up 88bps to 18.60% in June 2022. At this level, inflation is at a 65-month high (from February 2017 to June 2022). Within this period, the […]
