July 17, 2017/Cordros Research Click here to download full PDF Report UNILEVER released impressive Q2-17 result on Friday, wherein both revenue and net profit grew by 58% and 3873% y/y respectively. Compared to Q1-17, revenue grew 3.4% while net profit increased by 29.4%. Both the revenue of N22.9 billion and […]
Results & Dividends
UNILEVER NIGERIA PLC Q2 2017 Results: Initial Impression
July 17, 2017/InvestmentOne Research Q2:2017 results highlight: Strong topline growth buoyed by price increase § Strong sales performance : up +3.43%q/q; up +47.99% y/y § Improved Gross margins : expanded by over +482bps q/q ; +532bps y/y § PBT advanced by over c.+4000% y/y to c.N2.8bn on lower base effect […]
Flour Mills Reports N9.8 Billion Post-Tax Profit, Offers Investors N2.62 Billion in 2016 End
12/7/2017/NSE 2016/17 financial year was remarkable for its overwhelming macroeconomic challenges for the Nigerian manufacturing industry, a fallout of some global political and economic developments leading to foreign exchange volatility, business uncertainties and a significant weakening of the Naira which impacted our business in a negative way. In spite of […]

