Vitafoam Nigeria Plc, together with its subsidiaries, engages in the manufacture, marketing, and distribution of flexible and rigid foam, fibre products, and textile linens in Nigeria and other West African countries. It operates through two segments, Foam Products and Furniture/Other Products. The company provides inner core spring mattresses; regular flexible foams; fibre-based and allied products; rigid foam; and visco-elastic foam products. It also offers wood and metal furniture products, and oil filters, as well as engages in the system house projects. The company serves real estate, healthcare, hospitality, oil and gas, automotive, and agricultural sectors. Vitafoam Nigeria Plc was incorporated in 1962 and is based in Lagos, Nigeria.
Nigerian Market Performance
7D7 Days: 3.6%
3M3 Months: 30.2%
1Y1 Year: 43.9%
YTDYear to Date: 32.3%
The market has climbed by 3.6% over the past week, with every sector up and the Consumer Staples sector leading the way. The market is up 44% over the last 12 months. As for the next few years, earnings are expected to grow by 20% per annum. Market details ›
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