Berger Paints Nigeria Plc operates in the Paints and allied products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Berger Paints Nigeria Plc with three other
paint manufacters in Africa:
Premier Paints Plc
sales of 91.91 million Nigerian Naira [US$222,422.20 ]
Chemical and Allied Products Plc
(8.74 billion Nigerian Naira [US$21.14 million]
Portland Paints & Products Nigeria PLC
(1.69 billion Nigerian Naira [US$4.09 million]
of which 71%
was Decorative Paints).
During the first
quarter of 2021, sales at Berger Paints Nigeria Plc totalled
1.19 billion Nigerian Naira.
an increase of 10.5%
from the 1.08 billion Nigerian Naira in sales at the company during the first quarter of 2020.
There appears to be at least some degree of seasonality in the sales at Berger Paints Nigeria Plc: during 6 of the previous 7
years, sales were highest during the fourth quarter.
The exception to this was during 2016, when the
first quarter was the best quarter, accounting for
29% of sales (during that same year, the
fourth quarter accounted for 25% of sales).
Berger Paints Nigeria Plc reported sales of 3.84 billion Nigerian Naira (US$9.29 million)
December of 2020.
increase of 7.1%
versus 2019, when the company's sales were 3.58 billion Nigerian Naira.
This was the fourth straight year of sales growth at Berger Paints Nigeria Plc.
Sales of Contract Revenue saw an increase
that was more than double the company's growth rate: sales were up
17.9% in 2020, from
172.70 million Nigerian Naira to 203.67 million Nigerian Naira.
Not all segments of Berger Paints Nigeria Plc experienced an increase in sales in 2020:
sales of Investment Property Rental Income fell 89.5% to 3.12 million Nigerian Naira.
(However, this segment's sales were only a very small portion of the company's overall sales).