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).
