UACN is a diversified
business whose operation in Nigeria dates back to 1879. The company is an active player in the food
and beverages, real estate, paints and logistics sectors of Nigeria's economy.
UACN is a leading player
in the food and beverages industry with its brands of Mr. Bigg's, Gala, Supreme
Ice Cream and SWAN Natural Spring Water.
Food remains its
core business and revenue from this segment has been increasing over the years.
UACN should benefit from the Quick
Service Restaurant business owing to the large branch network of its franchised
restaurant, Mr.Bigg's.Gala Sausage Roll remains a leading brand in the country.
Operating profit
covers interest obligations and current assets cover short-term debts. In a
nutshell, we believe that UACN is
liquid and solvent.
No comments:
Post a Comment