Financials & Economy
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Unilever Nigeria turns to profitability registering 152% rise in earnings in 9 months
NIGERIA – Leading Nigerian FMCG company, Unilever Nigeria, has recorded 31.3% increase in revenue to N58.72billion (US$143m) for the nine months period ended September 30,…
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Dairibord invests US$2 million to double UHT filling capacity of cartonised beverages
ZIMBABWE – Zimbabwe’s leading milk processor, Dairibord Holdings, has invested US$2 million in additional Ultra-High Temperature (UHT) filling and packing equipment, which will double capacity…
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Unilever Q3 sales marginally rise amid inflation driven price hikes
UK – British multinational consumer goods giant Unilever has recorded underlying sales growth of 2.5% in its third-quarter results amid rising material costs and continued impact…
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Danone sales rise in Q3 as company makes progress towards profitable growth
FRANCE – French multinational food company Danone has reported a 3.8% rise in third quarter sales mainly driven by organic contribution of hyperinflation in various…
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Pick n Pay’s tale of two differing quarters earns the retailer 4.1% rise in half year revenue
SOUTH AFRICA – South African retailer Pick n Pay has published its financial results for the six months ended 29 August 2021, with the group…