Earnings Update – UNILEVER 2021FY & Q1 2022 Improved Domestic Demand Underscores Performance

Unilever Nigeria Plc (UNILEVER) performed impressively in its 2021FY and Q1:2022 financial scorecards. In 2021FY, the company delivered a topline growth of 13.82%YoY, to NGN70.52bn from NGN61.96bn in 2020FY. The positive performance was significantly supported by the increased patronage in the domestic market, pushing domestic sales up by (+15.05%YoY) to NGN69.77bn from NGN60.64bn in 2020FY.

Earnings Update- Unilever Plc 2021FY and Q1 2022

0 Shares:

Leave a Reply

Your email address will not be published. Required fields are marked *

Rating*

You May Also Like

Earnings Update – AIICO | CORNERST | MANSARD | CUSTODIAN | NEM | Q1:2022 AIICO: Profit From Sale of Subsidiary (AIICO Pensions) Props Earnings | CORNERST: Decline in Underwriting Profit and FX Loss Impairs Bottom-line | MANSARD: Weak Operational Efficiency Drags Performance | CUSTODIAN: CUSTODIAN Sustains Positive Performance | NEM: Underwriting Profit Buoys Earnings

AIICO – AIICO reported a double-digit growth in top-line as Gross Premium Written advanced by 25.26% YoY to…