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Full Year 2024 Unaudited Report: Unilever Nigeria records 44% growth in Turnover

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WaneInvestmentHouseNot Invested
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Published

January 27 2025

Updated

February 03 2025

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In a related development, Unilever Nigeria Plc, has released its unaudited interim report for the 12 months period ended 31st December 2024. In the report, the company recorded turnover of N149.8 billion in the period under review which represents 44 per cent topline growth compared to N103.9 billion Turnover recorded in the corresponding period in 2023.

Unilever Nigeria Plc released its unaudited interim report for the twelve months period ended 31st December 2024.

The Company recorded Turnover of N149.8 billion in the period under review which represents 44% topline growth compared to N103.9 billion Turnover recorded in the corresponding period in 2023.

The company recorded a gross profit of N55.7 billion for the period ended 31st December 2024 which is 75% increase versus N31.9 billion reported for same period 2023.

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The user WaneInvestmentHouse holds no position in NGSE:UNILEVER. Simply Wall St has no position in any of the companies mentioned. The author of this narrative is not affiliated with, nor authorised by Simply Wall St as a sub-authorised representative. This narrative is general in nature and explores scenarios and estimates created by the author. The narrative does not reflect the opinions of Simply Wall St, and the views expressed are the opinion of the author alone, acting on their own behalf. These scenarios are not indicative of the company's future performance and are exploratory in the ideas they cover. The fair value estimates are estimations only, and does not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that the author's analysis may not factor in the latest price-sensitive company announcements or qualitative material.

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PastFuture-10b376b2014201720202023202420262029Revenue ₦376.3bEarnings ₦55.0b
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Current revenue growth rate
14.30%
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