Ardova PLC operates within the Petroleum products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Ardova PLC with three other
miscellaneous retailers and wholesalers in Africa:
MRS Oil Nigeria PLC
sales of 41.98 billion Nigerian Naira [US$101.60 million]
Conoil Public Limited Company
(117.47 billion Nigerian Naira [US$284.28 million]
of which 93%
was White Products), and
Total Kenya Limited
based in KENYA
(65.43 billion Kenyan Schillings [US$607.20 million]
During the first
quarter of 2021, sales at Ardova PLC totalled
41.99 billion Nigerian Naira.
This is a drop of 19.3%
from the 52.05 billion Nigerian Naira in sales at the company during the first quarter in 2020.
During the year ended December of 2020, sales at
Ardova PLC were 181.94 billion Nigerian Naira (US$440.29 million).
increase of 3.1%
versus 2019, when the company's sales were 176.55 billion Nigerian Naira.
This was the third consecutive year of growth at Ardova PLC.
Sales of Fuels saw an increase
3.4% in 2020, from
159.25 billion Nigerian Naira to 164.67 billion Nigerian Naira.
Not all segments of Ardova PLC experienced an increase in sales in 2020:
sales of Solar System fell 72.4% to 10.78 million Nigerian Naira.
(However, this segment's sales were only a very small portion of the company's overall sales).
Ardova PLC also experienced decreases in sales in
Lubricants and Greases (down 1.6% to 16.97 billion Nigerian Naira)
Liquefied Petroleum Gas (Lpg) and Cylind (down 43.6% to 9.86 million Nigerian Naira)