Unilever achieves N149.8bn turnover

Unilever Nigeria Plc has recorded a turnover of N149.8bn. This marks a 44 per cent improve from the N103.9bn achieved within the corresponding interval in 2023.

A press release made obtainable to our correspondent on Monday by the corporate said that the gross revenue stood at N55.7bn, a 75 per cent improve in comparison with N31.9bn recorded in the identical interval final 12 months.

Moreover, Unilever Nigeria reported an increase in its web revenue, which surged by 88 per cent to N15.9bn, up from N8.4bn in 2023.

The Managing Director of Unilever Nigeria, Tobi Adeniyi, attributed the monetary efficiency to the corporate’s deal with operational effectivity, value optimisation, and increasing its market share in key classes.

Adeniyi remarked, “Our year-on-year sustained development trajectory is a testomony to our dedication to serving shoppers with our greatest manufacturers to fulfill their each day wants of improved well being and hygiene.”

The PidomNigeria reported that Unilever Nigeria Plc had introduced a decline in its quarterly revenue for the fourth quarter of 2024, reporting a revenue of N4.9bn, a 29 per cent drop from N6.87bn recorded in the identical interval in 2023.

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