UAC of Nigeria PLC

H1 2022 Results

4 August 2022

Fola Aiyesimoju - Group Managing Director Funke Ijaiya-Oladipo - Group Finance Director

Disclaimer

2

This presentation contains forward-looking statements which reflect management's expectations regarding UAC of Nigeria PLC, its subsidiaries and associate businesses ("UAC", the "Company" or "Group") future growth, results of operations, performance, business prospects, operating markets and opportunities. Wherever possible, words such as "anticipate", "believe", "expects", "intend" "estimate", "project", "target", "risks", "goals" and similar terms and phrases have been used to identify forward-looking statements. These statements reflect management's current beliefs and are based on information currently available to management. Certain material factors or assumptions have been applied in drawing the conclusions contained in forward-looking statements. These factors or assumptions are subject to inherent risks and uncertainties surrounding future expectations generally. UAC cautions readers that a number of factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in forward-looking statements. These factors should be considered carefully and undue reliance should not be placed on forward- looking statements. For additional information with respect to UAC's financial performance, reference should

be made to the Company's periodic filings with the Nigerian Securities and Exchange Commission ("SEC") and The Nigerian Exchange Limited ("NGX"). The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contents

3

Operating context

4

H1

2022 financial performance

7

H2

2022 focus areas

11

Appendix 1: Additional financial information

16

Operating Context

Low Growth, High Inflation, Currency Under Pressure, Higher Interest Rates

5

Real GDP Growth

Exchange Rate ₦:$

5.0%

1.9%

0.1% 0.5%

(3.6%)

(6.1%)

4.0% 4.0%

3.1%

CBN rates Parallel

700

600

500

400

300

200

100

0

Q1 2020 Q2 2020 Q3 2020 Q4 2024 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Jan-21Feb-21Mar-21Apr-21May-21Jun-21Jul-21Aug-21Sep-21Oct-21Nov-21Dec-21Jan-22Feb-22Mar-22Apr-22May-22Jun-22

Inflation (%)

Secondary Market Bond Yields (%)

18% 18%

18% 18%

18%

18%

17% 17%

15%

17%

17%

16%

16% 16% 16% 16% 16% 16% 16%

10%

5%

3Y 5Y 7Y 10Y

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

UAC of Nigeria plc published this content on 03 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2022 14:08:13 UTC.