Unilever – InfoStride News

Unilever Nigeria Reports ₦5.6 Billion Profit in Q1 2025

Temitope Nlewemchi — Tue, 20 May 2025 22:09:39 +0000

Unilever Nigeria Plc has announced a profit after tax of ₦5.6 billion for the first quarter ended March 31, 2025, marking a 65% increase from ₦3.4 billion in the same period of 2024. Key Financial Highlights: Revenue: ₦46.9 billion, up 45% from ₦32.3 billion in Q1 2024. Gross Profit: ₦18.8 billion, a 40% increase from [...]

Source from InfoStride News

Unilever Achieves Plastic Neutrality in November, Says Official

Temitope Nlewemchi — Thu, 05 Dec 2024 07:17:54 +0000

Unilever has announced a significant milestone in its sustainability efforts, achieving plastic neutrality in November 2024. This achievement underscores the company’s commitment to reducing plastic waste and advancing environmental sustainability across its global operations. What Plastic Neutrality Means Plastic neutrality implies that Unilever has successfully offset its plastic usage by ensuring an equivalent amount of [...]

Source from InfoStride News

Unilever Greenlights 75 Kobo Dividend per Share

Temitope Nlewemchi — Wed, 15 May 2024 21:15:44 +0000

Unilever Nigeria Plc and its shareholders have given the green light to a dividend of 75 kobo per share, marking a notable increase from the 25 kobo dividend declared in 2022. The decision was announced during the Company’s 99th Annual General Meeting, which convened in Lagos on Monday, where a dividend totaling N4,308,753,750 for the [...]

Source from InfoStride News

Unilever Unveils Progressive Employee Policies, Gains Support from Stakeholders

Temitope Nlewemchi — Fri, 23 Feb 2024 22:37:33 +0000

In a strategic move towards fostering a positive workplace environment, Unilever has recently unveiled new employee policies that have garnered support from various stakeholders. The company’s commitment to progressive and inclusive workplace practices is reflected in these policy updates. The Infosride explores the details of Unilever’s new employee policies, the reactions from stakeholders, and the [...]

Source from InfoStride News

Unilever’s 9-Month Revenue Soars by 26% to N81.57bn

Temitope Nlewemchi — Thu, 26 Oct 2023 00:32:14 +0000

Unilever Nigeria Plc, a prominent consumer goods manufacturer, reported substantial growth in its financial performance for the period ending September 30, 2023. According to the unaudited interim financial statements released on Friday and filed with the Nigerian Exchange Limited, the company achieved a remarkable increase in its revenue, marking a significant upswing of 25.95 percent. [...]

Source from InfoStride News

Nestle, Unilever, Mahindra Group, and more unite, demanding a precise timeline for fossil fuel eradication

Temitope Nlewemchi — Tue, 24 Oct 2023 09:17:30 +0000

Nestle, Unilever, the Mahindra Group, and Volvo Cars, among a coalition of 131 corporations with a collective global annual revenue nearing $1 trillion, have united in a call to action directed at political leaders ahead of the upcoming United Nations climate summit. These corporate giants are urging a decisive commitment to phasing out fossil fuels, [...]

Source from InfoStride News

Unilever confirms it’s selling its tea business to CVC Capital Partners for €4.5 billion

Temitope Nlewemchi — Fri, 19 Nov 2021 20:14:37 +0000

Unilever Plc, the owners of Lipton and PG Tips, has agreed to sell its global tea business, ekaterra, to CVC Capital Partners for €4.5 billion on a cash-free, debt-free basis. This is according to a press release from Unilever titled, “Unilever to sell its Tea business, ekaterra, to CVC Capital Partners Fund VIII for €4.5 [...]

Source from InfoStride News