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 […]
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Mobile Subscriptions Rise by 0.72% in February
April 22, 2024/CSL Research According to recently released industry data from the Nigerian Communications Commission (NCC), the country’s active mobile subscriptions increased slightly by 0.72% to 219.97 million in February 2024 from 218.40 million in January 2024, driven primarily by significant subscriber gains reported by MTN and Airtel, the country’s […]
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 […]
