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Unilever Nigeria Plc (Nigeria)

Main Activities: Food Manufacturing | Soap, Cleaning Compound, and Toilet Preparation Manufacturing | Cosmetics, Beauty Supplies, and Perfume Stores
Full name: Unilever Nigeria Plc Profile Updated: June 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Unilever Nigeria Plc, was incorporated as Lever Brothers (West Africa) Ltd on 11th April, 1923 by Lord Leverhulme, but t he company’s antecedents have to be traced back to his existing trading interests in Nigeria and West Africa generally, and to the fact that he had since the 19th century been greatly involved with the soap business in Britain. Unilever Nigeria Plc started as a soap manufacturing company, and is today one of the oldest surviving manufacturing organizations in Nigeria. After series of mergers/acquisitions, the company diversified into manufacturing and marketing of foods, non-soapy detergents and personal care products. These mergers/acquisitions brought in Lipton Nigeria Ltd in 1985, Cheesebrough Ponds Industries Ltd in 1988. The company changed its name to Unilever Nigeria Plc in 2001. Unilever Nigeria Plc is a public liability company quoted on the Nigerian Stock Exchange since 1973 with Nigerians currently having 49% of equity holdings.

Headquarters
1, Billings Way,Oregun, Ikeja, P.O.Box 1063
Lagos; Lagos;

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Website: http://www.unilevernigeria.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1923
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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75.96%
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19.64%
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4.39%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency NGN. Absolute financial data is included in the purchased report.
Net sales revenue
17.9%
Total operating revenue
17.98%
Operating profit (EBIT)
125.08%
EBITDA
92.88%
Net Profit (Loss) for the Period
60.67%
Total assets
-13.96%
Total equity
8.34%
Operating Profit Margin (ROS)
4.93%
Net Profit Margin
1.85%
Return on Equity (ROE)
1.94%
Quick Ratio
0.24%
Cash Ratio
-0.31%

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