UAC Nigeria has sustained consistent revenue growth since 2018

Key takeaways

UAC Nigeria's revenue has consistently grown since 2018, reaching ₦197.6 billion in 2024
2024 saw the highest year-on-year revenue growth of 64%
The company recorded steady revenue increases from 2019 to 2023, growing by 14.5% annually on average
2024's unaudited revenue figure marks a new milestone for UAC Nigeria

UAC Nigeria has demonstrated a consistent revenue growth trajectory since 2018. In 2024, revenue reached an estimated ₦197.6 billion, reflecting a 64% year-on-year increase, the highest in the period reviewed.

Despite revenue declines in earlier years, UAC Nigeria has maintained a steady upward trend, with double-digit percentage growth in most years since 2019. This sustained revenue increase underscores the company’s ability to drive long-term business growth, positioning it for improved financial performance.

Source:

UAC Nigeria's annual reports

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Period:

2014-2024

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