UAC of Nigeria Plc operates in the Potato chips and similar snacks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares UAC of Nigeria Plc with three other
bakery and confectionary companies in Africa:
Quantum Foods Holdings Ltd
of SOUTH AFRICA
sales of 4.42 billion South African Rands [US$272.48 million]
of which 40%
was Animal feeds),
Unga Group Plc
(17.90 billion Kenyan Schillings [US$165.18 million]
Honeywell Flour Mills Plc
(74.41 billion Nigerian Naira [US$194.95 million]
UAC of Nigeria Plc reported sales of 79.20 billion Nigerian Naira (US$207.51 million)
December of 2019.
a very small
increase of 0.6%
versus 2018, when the company's sales were 78.74 billion Nigerian Naira.
Despite this increase, sales are still
below the level achieved in 2017, when UAC of Nigeria Plc
reported sales of 89.18 billion Nigerian Naira.
The sales level in 2019 was fairly close to the level five years ago: in 2014, UAC of Nigeria Plc had sales
of 85.65 billion Nigerian Naira.
Sales of Others saw an increase
that was more than double the company's growth rate: sales were up
176.3% in 2019, from
187.01 million Nigerian Naira to 516.72 million Nigerian Naira.
UAC of Nigeria Plc also saw significant increases in sales in
Animal Feeds (up 21.0% to 51.82 billion Nigerian Naira)
Packaged Food (up 10.6% to 17.55 billion Nigerian Naira)
Qsr (Quick Service Restaurants) (up 17.5% to 1.50 billion Nigerian Naira)