External broker reports(aggregated public sources), CardinalStone

CardinalStone

CardinalStone is an independent, multi-asset investment management firm offering an assortment of financial services to a diverse institutional, high net worth and retail clientele base. The company began operations in June 2008 and its business is conducted across six divisions – Investment Banking, Asset Management, Securities Trading, Trust Services, Registrar Services and Financing.

Headquartered in Lagos with offices in Abuja, Nigeria, the firm and its licensed subsidiaries diligently works with its clients to create bespoke solutions for their needs.

External broker reports(aggregated public sources)

CardinalStone is an independent, multi-asset investment management firm offering an assortment of financial services to a diverse institutional, high net worth and retail clientele base. The company began operations in June 2008 and its business is conducted across six divisions – Investment Banking, Asset Management, Securities Trading, Trust Services, Registrar Services and Financing. Headquartered in Lagos with offices in Abuja, Nigeria, the firm and its licensed subsidiaries diligently works with its clients to create bespoke solutions for their needs.

Equity Bottom-Up

<ul><li>Unilever Nigeria Plc (NGX: UNILEVER, TP – UR) reported a 65.4% YoY growth in net profit to N5.6 billion in Q1’25, supported by solid top-line growth across its product segments and a significant boost from net finance income during the period.</li><li>Revenue grew by 45.4% YoY, reflecting broad-based gains across key segments.</li><li>The Beauty &amp; Wellbeing (+76.4% YoY), Food (+51.3% YoY), and Personal Care (+29.6% YoY) segments all delivered strong performances, underscoring improved consumer demand and product traction.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Unilever Nigeria Plc (NGX: UNILEVER, TP – UR) reported a 65.4% YoY growth in net profit to N5.6 billion in Q1’25, supported by solid top-line growth across its product segments and a significant boost from net finance income during the period.Revenue grew by 45.4% YoY, reflecting broad-based gains across key segments.The Beauty &amp; Wellbeing (+76.4% YoY), Food (+51.3% YoY), and Personal Care (+29.6% YoY) segments all delivered strong performances, underscoring improved consumer demand and product traction.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Unilever Nigeria Plc -Net Profit Jumps in Q1’25