Kayode Tokede
shareholders of Unilever Nigeria Plc yesterday in Lagos authorized 75 kobo per share dividend payout for the 2023 monetary 12 months, as in opposition to 25 kobo declared in 2022.
The declared dividend is estimated at N4.31 billion for the 12 months ended December 2023. The declaration follows a powerful progress in income of N103.9 billion in 2023, representing a 51.3per cent progress in comparison with N68.6 billion recorded in 2022.
Throughout the Firm’s 99th Annual Common Assembly (AGM), which was held in Lagos, the shareholders appreciated the progress and reaffirmed their perception within the management of the corporate to develop the enterprise into the approaching 12 months.
In response to the 2023 monetary assertion, the family firm’s revenue after tax stood at N16.4 billion in 2023, a progress of 205.2 per cent from N5.4 billion in 2022.
Talking on the AGM, the Appearing Chairman of the Board of Administrators at Unilever Nigeria, Mr. Micheal Ikpoki expressed appreciation to all shareholders for his or her assist all year long regardless of the difficult setting within the final 12 months. He promised that the Board and Administration will proceed to place of their finest in fostering progress and navigating the tides because the Firm steers towards extra successes.
“Our resolve as a enterprise is to proceed to take strategic choices that can enhance our operational efficiencies to satisfy residents’ wants by way of our manufacturers, our individuals, and our operations,” he mentioned.
On the improved efficiency of the enterprise, the Managing Director of Unilever Nigeria, Mr. Tim Kleinebenne mentioned the achievement within the 12 months beneath evaluate is reflective of a collaborative effort from all key stakeholders and improved operational efficiency and larger funding in our manufacturers, provide, and distributions, to make sure we meet the wants of customers throughout channels.
“We’re happy with the outcomes for 2023. It speaks to the affect of the strategic selections we make each day about our operations to raised serve the customers with our greatest domestically produced manufacturers that contribute to bettering their well being and hygiene.” He mentioned.
Kleinebenne added that having reached a 100-year milestone in Nigeria in 2023 and changing into the longest serving manufacturing firm in Nigeria, the corporate stays dedicated to staying in Nigeria for the subsequent 100 years plus.
“We consider in Nigeria and reaffirm our place that the alternatives are greater than the challenges. With our resilience, agility, partnership, and dedication of the federal government on the continued reforms by way of strategic selections, coverage formulation and implementation, regularly a greater Nigeria will emerge.” Kleinebenne mentioned.
