Vitafoam Nigeria (VITAFO.ng) listed on the Nigerian Stock Exchange under the Retail sector has released it’s 2015 annual report.For more information about Vitafoam Nigeria (VITAFO.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Vitafoam Nigeria (VITAFO.ng) company page on AfricanFinancials.Document: Vitafoam Nigeria (VITAFO.ng) 2015 annual report.Company ProfileVitafoam Nigeria Plc manufactures and sells a range of flexible, reconstituted and rigid foam products in Nigeria. It is the largest foam manufacturing company in the country with an extensive distribution network which includes exporting to other countries in Africa. Vitafoam is a household name in Nigeria and known for its quality products and being a leader in innovation and advanced sleep technology. Mattresses can be custom-made to customers’ requirements using contour cutting equipment. The company also provides foam products for mothers with children including changing mats, baby cot mattresses and feeding pillows. Rigid polyurethane foam manufactured by Vitafoam Nigeria Plc is used in the oil and gas, refrigeration, air-conditioning, poultry and office partitioning sectors. In 200, Vitafoam Nigeria Plc became the first foam manufacturing company in Nigeria to be awarded the NIS 9002 Certificate for its flexible and rigid polyurethane foam, fiber pillows, underlays and adhesives. The company expanded its operations to include Vitafoam Ghana Limited (2008) and Vitafoam Sierra Leone Limited (2009). Vitafoam Nigeria Plc has a major stake in Vono Products and established Vitapur Nigeria which manufactures insulation products; and Vitablom which processes fibre and other material for the upholstery layer. Its company head office is in Lagos, Nigeria. Vitafoam Nigeria Plc is listed on the Nigerian Stock Exchange
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“This Stock Could Be Like Buying Amazon in 1997” I think these are the best shares to buy now for dividend investors See all posts by Roland Head Simply click below to discover how you can take advantage of this. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Roland Head owns shares of BHP and GlaxoSmithKline. The Motley Fool UK has recommended GlaxoSmithKline and Unilever. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Image source: Getty Images. Our 6 ‘Best Buys Now’ Shares Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Finding reliable dividend stocks in today’s tough markets isn’t easy. But there are still some reliable income shares out there. For this piece, I’ve chosen a diversified mix of five FTSE 100 stocks. Put together, they offer an average forecast yield of 5.5%. I think they could be the best UK shares to buy now for income investors.A healthy performanceSales at pharmaceutical giant GlaxoSmithKline rose by 19% to £9.1bn during the first quarter of this year. Adjusted earnings rose by 25% during the same period.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…The company did warn that much of this increase was down to stock building and isn’t likely to be sustained during the rest of the year. But even excluding these gains, I think the figures showed good signs of growth across the firm’s main ranges.I’ve covered Glaxo in more depth recently, but in short I think the firm’s improving portfolio and 5% dividend yield offer value for investors. I remain a long-term buyer.Commodities: best share to buy nowI think that most diversified portfolios should have exposure to commodities such as oil, iron ore and copper. Like it or not, these raw materials are still needed to make the world go round.However, I have strict rules about commodity stocks. I only invest in profitable, well-established businesses that pay regular dividends. One stock I like very much in this sector is BHP. This Anglo-Australian group covers all the main commodity classes, thanks to its mix of oil and mining assets.BHP has a strong focus on dividends and this year’s 5.1% payout looks safe to me.Consumer dividendsSome shopping habits don’t change much, even in a recession. The food and cleaning products sold by consumer goods group Unilever are a good example. Brands such as Domestos, Hellmann’s, Dove and Persil aren’t likely to go out of fashion, in my view.Unilever’s star is rising at the moment and the shares don’t look cheap to me. But the stock’s 3.1% dividend is enough to be worthwhile and hasn’t been cut for more than 50 years. I think this is one of the best shares you can buy today.8% yield: better than a bank?Savings and asset management group Legal & General has become one of the biggest players in the bulk annuity pension market in recent years. In 2019 alone, L&G bought up £11.4bn of pension schemes from companies.Despite this strong growth, Legal & General’s cash generation has remained very strong. Last year’s dividend was covered comfortably by surplus cash and there’s no sign yet this year of any change to this situation.This year’s forecast yield of 8.4% should be covered 1.6 times by earnings. I rate Legal & general as an income buy.Utilities: best share to buy nowMy final pick is utility group National Grid. In the UK, this business makes its money from operating the gas and electricity transmission networks. Handily, this means it’s not directly exposed to commodity prices or consumers.The group’s US utility business adds some diversity, although it’s suffered extra costs in this year’s pandemic. The main risk to the dividend is that tougher regulatory settlements will put pressure on profits.Despite this, I think the stock’s 5.5% yield is worth buying for income investors today. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Enter Your Email Address Roland Head | Monday, 27th July, 2020