Results & Dividends

Unilever Nigeria Q3 2018 Results Review: Upgrading to Neutral

Culled—Proshare December 7, 2018/FBNQuest Research Slight changes to EPS forecasts Unilever Nigeria’s (Unilever) Q3 2018 earnings, which beat our forecast by 29%, were largely boosted by gains recorded from the sale of the spreads business (Blue Band). Stripping this gain out, we estimate that PBT would have shown a negative […]