Unilever Nigeria Plc posts loss of N3.97 billion in FY 2020.

Unilever Nigeria Plc released its full-year audited results for the year ended 31st December 2020.

  • Revenue for the year was N61.96 billion. (+2.4% YoY)
  • Cost of sales was N49.16 billion. (-11.8% YoY)
  • Marketing and administrative expenses totaled N12.4 billion. (-6.7% YoY)
  • Loss after tax was N 3.97 billion
  • Loss per share of -69 kobo Vs -N1.29 YoY.
  • No dividend announcement was made.

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2020 FY Results: BUA Cement Plc posts profit after tax of N72.3 billion.

BUA Cement Plc released its full-year results for the year ended 31st December 2020.

  • Revenue from contracts with customers was N209.4 billion. (+19.3% YoY)
  • Cost of sales was N113.96 billion. (+22.4% YoY)
  • Administrative expenses totaled N10.32 billion. (-1.9% YoY)
  • Operating profit was N82.02 billion. (+14.8% YoY)
  • Profit after tax was N72.3 billion. (+19.4% YoY)
  • Earnings per share of N2.14 vs N1.79 YoY.

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May and Baker Nigeria Plc posts profit of N964.6 million in FY 2020.

May and Baker Nigeria Plc released its full-year audited results for the year ended 31st December 2020.

  • Revenue for the year was N9.39 billion. (+16.2% YoY)
  • Cost of sales was N5.61 billion. (+8.4% YoY)
  • Administrative expenses totaled N967.92 million. (+23.4% YoY)
  • Operating profit was N1.41 billion. (+39.5% YoY)
  • Profit from continuing operations was N964.6 million. (+34.7% YoY)
  • Earnings per share from continuing operations was 55.91 kobo Vs 41.51 kobo

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2020 FY Results: Cadbury Nigeria Plc posts profit of N931.83 million.

Cadbury Nigeria Plc released its full-year audited results for the year ended 31st December 2020.

  • Revenue for the year was N35.41 billion. (-10% YoY)
  • Cost of sales was N29.51 billion. (-5% YoY)
  • Administrative expenses totaled N1.16 billion. (-36% YoY)
  • Profit for the year was N931.83 million. (-13% YoY)
  • Earnings per share of 50 kobo Vs 57 kobo YoY.
  • A dividend of 18 kobo per ordinary share was proposed by the board

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International Breweries Plc reports a loss of N12.4 billion in FY 2020.

International Breweries Plc released its full-year results for the year ended 31st December 2020.

  • Revenue for the year was N136.8 billion. (+3.4% YoY)
  • Cost of sales was N106.3 billion. (-0.8% YoY)
  • Gross profit was N30.47 billion. (+20.9% YoY)
  • Administrative expenses was N27.92 billion. (+6.7% YoY)
  • A loss after tax of N12.4 billion was reported for the year.
  • Loss per share of -47 kobo Vs -N1.16 YoY.
  • No dividend announcement was made.

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2020 FY Results: Nigerian Breweries reports a 54.3% decline in profits in 2020

Nigerian Breweries Plc released its audited results for the year ended December 2020.

  • Revenue for the year was N337.00 billion. (+4.3% YoY)
  • Profit for the year was N7.53 billion in 2020. (-54.3% YoY)
  • Earnings per share for the period under review was 92kobo. (-54.2% YoY).
  • The leading brewer proposed a final dividend of 69 kobo per share. (2019: 151 kobo per share)
  • The company share price of N50, as of 4th of March 2021, is -10.72% down year to date.

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Dangote Sugar increases post tax profit by 33%, as earnings per share prints at N2.45

Dangote Sugar released its full-year results for the year ended 31 December 2020.

  • Revenue during the year was N214.30 billion. (+33.03% YoY)
  • Operating profit during the year was N44.44 billion. (+48.47%YoY)
  • The company reported a profit after tax of N29.78 billion. (+33.16% YoY)
  • Earnings per share N2.45 vs N1.87. (+31.02% YoY)
  • A dividend of N1.50k was proposed by the Board of Directors.
  • The company share price is trading at N16.50. (-6.25% year to date)

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2020 FY Results: Nestle posts  N39.2 billion, as earnings per share prints N49.47

Nestle Nigeria Plc released its audited results for the year ended December 2020.

  • Revenue increased to N287.1 billion. (+1.07% YoY)
  • Profit before income tax was N60.6 billion in 2020. (-15.5%)
  • Earnings per share for the period under review was N49.47. (-14.16%).
  • Nestle proposed a dividend of N35.50 for the year ended 2020.
  • The company share price of N1,450, as of when the result was published is 3.65% down year to date.

See link to results