Unilever Nigeria PLC operates in the Soap and other detergents sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Unilever Nigeria PLC with three other
cosmetics and toiletry producers in Africa:
Mutandis SCA
of MOROCCO
(2019
sales of 1.46 billion Moroccan Dirhams [US$157.24 million]
of which 44%
was Detergents),
Unilever Ghana Limited
of GHANA
(333.29 million Ghana New Cedis [US$57.56 million]
), and
Unilever Cote d'Ivoire SA
which is
based in COTE D'IVOIRE
(57.68 billion CFA Franc BCEAO [US$102.67 million]
).
Sales Analysis.
Unilever Nigeria PLC reported sales of 60.49 billion Nigerian Naira (US$158.48 million)
for the
year ending
December of 2019.
This
represents
a
sharp
decrease of 34.9%
versus 2018, when the company's sales were 92.90 billion Nigerian Naira.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Unilever Nigeria PLC had sales
of 55.75 billion Nigerian Naira.
Contributing to the drop in overall sales was the 40.7% decline
in Home and Personal Care, from 48.41 billion Nigerian Naira to 28.71 billion Nigerian Naira.
There were also decreases in sales in
Food Products (down 28.6% to 31.78 billion Nigerian Naira)
.