The net profit result for the total business is N4.4 billion for the period ended 30th june 2024, compared to a net profit for the corresponding period in 2023 of N2.8 billion which is 61% increase versus 2023.
The Managing Director, Tim Kleinebenne speaking on the results, said, “We are pleased with our commitment to stay in Nigeria as the longest serving manufacturing company in the country. As a company that has stayed over a centenary in Nigeria, we are not just here to stay, but we are very convinced that the opportunities in Nigeria are more than the challenges.”
“Our H1’ 2024 unaudited results with a topline growth at 41%, is a testament that with our Growth Action Plan (GAP) we are committed to serving consumers with our best brands to meet their daily needs of improved health and hygiene.
Unilever Nigeria is pleased with its performance progress riding on the pillars of operational efficiency, cost optimization, purposeful brands and increasing market share across key categories,” Kleinebenne, said.
