UGO🦅

Vitafoam FY2026: PBT surges 51% to ₦32.5bn as higher margins and sharp debt cut drive profit growth. Despite modest 5% revenue growth to ₦117.4bn, Vitafoam delivered a 51% jump in profit before tax, powered by a 5-point expansion in gross margin to 42% (as cost of sales declined), an 83% drop in finance costs after debt repayments. Net profit rose 47% to ₦21.3bn.

Nigerian Breweries Profit Jumps 33% to ₦114bn in 9M 2026 on modest 5.4% revenue growth. Gross margin expanded by roughly four percentage points to 43.3%, supported by a slight -0.3% drop in cost, while a sharp drop in finance costs after full debt repayment further boosted the bottom line.

Happy New Week ✨️Initiates 🙂‍↔️

UAC of Nigeria PLC Posts 228% Revenue Growth and 307% Profit Jump in 9M 2026.

May & Baker’s 9M Profit Jumps 76% to ₦5.89bn, despite Modest 5% Revenue Growth. Cost of sales fell 11% while revenue edged up just 4.9% to ₦31.0bn, lifting gross margin to 44.3% from 34.2%. Operating profit rose 66%, PBT soared 81.5% to ₦8.92bn.

HBM Nigeria’s 9M Profit Jumps 31% to ₦272bn on Volume Growth & Efficiency, despite Q3 Maintenance Dip Revenue rose 19% to ₦928bn, operating margin expanded to 41%.

Ikeja Hotel PLC vs Transcorp Hotels — 9M 2026 Transcorp Hotels is significantly larger in absolute scale (₦69.46B revenue and ₦15.54B net income), while Ikeja Hotel posts higher earnings per share (₦2.46 vs ₦1.52) and a stronger net income margin (27.3% vs 22.4%). Ikeja showed growth across all revenue drivers (Rooms +2.9%, F&B +8.1%, Other +17.1%), while Transcorp saw declines in Rooms and F&B.

Last deposit for the month. We attack on Monday😤😎

Livestock Feeds Plc Swings to ₦1.25bn Profit in 9M 2026 as Margins Expand and Finance Costs Reduce, Despite 25% Revenue Drop.

Unilever Nigeria Delivers 20% Profit Growth to ₦26.4bn as Revenue Hits ₦184bn in 9M 2026.