Berger Paints Nigeria Plc (BERGER) sustained its impressive top-line performance with strong revenue growth of 29.37% YoY in 2021FY. This was bettered by its outstanding Q1:2022 financial scorecard, where revenue was up by 38.62%YoY (its highest quarterly revenue since 2014). This growth was fueled by better paint sales as the sale of paints and allied products segment expanded by 45.30%YoY (to NGN1.62bn from NGN1.11bn in Q1:2021).
You May Also Like
Earnings Update | NASCON | Q1:2020
- April 30, 2020
NASCON, in its Q1:2020 financial scorecard reported a marginal uptick (+0.83%) in revenue to NGN6.88bn (vs. NGN6.82bn in…
Earnings Update | NESTLE | Q1:2020
- May 12, 2020
In its Q1:2020 financial scorecard, NESTLE recorded a marginal contraction in revenue (-0.90%) to NGN70.33bn from NGN70.97bn in…
Earnings Update – SEPLAT Q1 2023 Kickstarting the Year on a Positive Note.
- May 11, 2023
In line with the decline in global oil prices in Q 1 2023 SEPLAT ’s average realized oil…
Earnings Update | DANGCEM | Q1:2020
- June 5, 2020
Dangote Cement Plc. (DANGCEM) in Q1:2020 recorded an improved topline performance over the corresponding period of 2019. Group…
Earnings Update | ZENITHBANK | Q1:2020
- May 7, 2020
In the first quarter of 2020, Zenith Bank Plc (ZENITHBANK) grew its topline by 5.50% to NGN166.81bn from…
Earnings-Update-BUACEMENT-2022FY Positive Performance Despite Cost Pressures
- March 28, 2023
BUA Cement Plc (BUACEMENT) recorded strong revenue growth of 40.28% (to NGN360.99bn) in 2022FY. The remarkable performance reflects…