Company Vitafoam Nigeria Plc

Equities

VITAFOAM

NGVITAFOAM00

Non-Paper Containers & Packaging

End-of-day quote Nigerian S.E. 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
17 NGN 0.00% Intraday chart for Vitafoam Nigeria Plc -9.81% -22.73%

Business Summary

Vitafoam Nigeria Plc is the leading Nigerian manufacturer and marketer of polyurethane foam products. Net sales by category of products break down as follows:

- Foams and foam products (98.2%): box springs (brands Vita Spring Firm, Vita Spring Flex, Vita Spring Glow, Vita Divan Bed and Vita Spring Bed), soft foams (padding foams, bedding products, mattresses, duvets, pillows, cushions, sofas, carpets, etc.) Vita Galaxy, Vita Supreme, Vita Super, Vita Grand, Vita Sofa Bed, Vita Roll, etc.) and technical and rigid foams (including thermal and cryogenic insulation materials for the construction, agricultural, energy and pharmaceutical industries);

- Wood and metal furniture (1.8%): beds, cabinets, office furniture, chairs, tables, etc. The group also offers polyurethane shoes and sandals (Vitasoft, Lekkisoft, Aerogreen, Safari, etc.).

Nigeria accounts for 98.2% of net sales.

Number of employees: 677

Sales per Business

NGN in Million2022Weight2023Weight Delta
Foam
98.5 %
45,659 98.6 % 52,183 98.5 % +14.29%
Furniture/Other
1.5 %
651 1.4 % 803 1.5 % +23.39%

Sales per region

NGN in Million2022Weight2023Weight Delta
Nigeria
96.6 %
45,481 98.2 % 51,201 96.6 % +12.58%
Sierra Leone
3.4 %
829 1.8 % 1,785 3.4 % +115.33%

Managers

Managers TitleAgeSince
Chief Executive Officer - 06-12-31
Director of Finance/CFO - 18-12-17
Chief Tech/Sci/R&D Officer - 18-12-17
Corporate Secretary - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 63 21-03-03
Director/Board Member - 07-12-31
Chief Executive Officer - 06-12-31
Director of Finance/CFO - 18-12-17
Chairman - 17-09-30
Director/Board Member - 17-09-30
Chief Tech/Sci/R&D Officer - 18-12-17
Director/Board Member - 19-12-18

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,250,844,000 868,006,350 ( 69.39 %) 0 69.39 %

Shareholders

NameEquities%Valuation
150,427,902 12.03 % 2 M ₦
125,334,977 10.02 % 2 M ₦
AWHUA Resources Ltd.
7.857 %
98,281,981 7.857 % 2 M ₦
Pension Reserves Investment Management Board
0.1268 %
1,585,871 0.1268 % 24 359 ₦
1,364,000 0.1090 % 20 951 ₦
726,820 0.0581 % 11 164 ₦
379,627 0.0303 % 5 831 ₦
320,000 0.0256 % 4 915 ₦
Abdul Bello
0.0137 %
171,860 0.0137 % 2 640 ₦
140,000 0.0112 % 2 150 ₦

Company contact information

Vitafoam Nigeria Plc

140, Oba Akran Avenue Ikeja Industrial Estate

100282, Ikeja

+234 280 5070

http://www.vitafoamng.com
address Vitafoam Nigeria Plc(VITAFOAM)
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