Vitafoam Nigeria Plc Company Profile and Details

Vitafoam Nigeria Plc is a leading manufacturer of foam and other related products in Nigeria. The company was incorporated in 1962.

Vitafoam Nigeria Plc has its headquarters in Lagos, Nigeria. It is a member of the Vitafoam Group, a multinational company with operations in several countries.

Vitafoam Nigeria Plc has a wide range of products, including mattresses, pillows, and other household items.

Vitafoam Nigeria Plc has a strong leadership team in place, with key managers and directors playing important roles in the company's success.

Taiwo Adeniyi has been the CEO of Vitafoam Nigeria Plc since 2006, providing strategic direction and overseeing the company's operations.

Taiwo Adeniyi also serves as a Director/Board Member of the company, a position he has held since 2012.

Joseph Alegbesogie has been the Director of Finance/CFO since 2018, responsible for managing the company's finances and ensuring its financial stability.

Bamidele Owoade is the Chief Tech/Sci/R&D Officer, but his start date is not specified in the available information.

Zakari Mohammed Sada has been the Chairman of the company since 2024, providing guidance and oversight to the management team.

Gerson Carlos Parreira Silva and Taiwo Adeniyi, along with Zakari Mohammed Sada, make up the company's Board of Directors, bringing their expertise and experience to the table.

Here is a list of the current key managers and directors of Vitafoam Nigeria Plc:

Vitafoam Nigeria Plc had an annual revenue of $53.7 million in 2025.

The company's financial performance is a key indicator of its overall health and stability.

In 2025, Vitafoam Nigeria Plc reported an annual revenue of $53.7 million.

This figure suggests that the company has a significant presence in the Nigerian market and is able to generate substantial revenue from its operations.

Vitafoam Nigeria Plc is listed on the stock market under the ticker symbol VITAFOAM Stock.

The company's shareholders are the individuals and entities that own shares of Vitafoam Nigeria Plc.

The stock market category for Vitafoam Nigeria Plc is Equities.

The company's listing on the stock market falls under the broader category of Stock Market.

Shareholders play a crucial role in the success of a company, and understanding who they are and how they fit into the ownership structure is essential.

Vitafoam Nigeria Plc has a clear stock market listing, which is a key indicator of its public ownership.

In the case of Vitafoam Nigeria Plc, we can see that its stock is listed under the ticker symbol VITAFOAM Stock.

The company's stock market listing is a key aspect of its equities market presence.

Here are the key details about Vitafoam Nigeria Plc's stock market listing:

Vitafoam Nigeria Plc, a company with a significant presence in Nigeria, has reported its earnings results for the third quarter and nine months ended June 30, 2025.

The company's Q3 group revenue was 29.69 billion naira, according to the report.

This revenue figure is a key metric for investors and shareholders, who are likely to be interested in the company's financial performance.

Vitafoam Nigeria Plc's reported revenue for the quarter provides insight into the company's ability to generate sales and drive business growth.

Vitafoam Nigeria Plc is based in Ikeja, Lagos.

The company has a presence in the country, with operations that contribute to the local economy.

Vitafoam Nigeria Plc's location in Ikeja, Lagos, makes it easily accessible for customers and suppliers alike.

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Vitafoam Nigeria Plc has a relatively small workforce, with 294 people employed.

The company's employment numbers are a fraction of what larger corporations have.

The 294 employees are likely spread across various departments and locations, each contributing to the company's operations.

This number may seem small, but it's still a significant presence in the local community.

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Vitafoam Nigeria Plc is based in Ikeja, Lagos.

Vitafoam Nigeria Plc has been in the news several times in recent years. The company reported earnings results for the third quarter and nine months ended June 30, 2025, with a group revenue of 29.69 billion naira.

Their Q2 group revenue for the same year was 30.12 billion naira, a notable increase. In April 2024, the company announced the retirement of their CFO, Joseph Alegbesogie.

Vitafoam Nigeria Plc has also released earnings results for the full year ended September 30, 2024, as well as the first quarter ended December 31, 2023. Their FY group revenue for 2023 was 52.99 billion naira, up 14% from the previous year.

Here are the key dates for Vitafoam Nigeria Plc's earnings releases:

The company has also reported earnings results for the second quarter and six months ended March 31, 2024, and the first quarter ended December 31, 2023, with a group revenue of 52.99 billion naira for the full year ended September 30, 2023.

Vitafoam Nigeria Plc is a company with a rich history, and one of the most common questions we get is about their products. Vitafoam Nigeria Plc is a leading manufacturer of foam and other polyurethane products in Nigeria.

What kind of products does Vitafoam Nigeria Plc make? Vitafoam Nigeria Plc produces a wide range of foam and polyurethane products, including mattresses, pillows, and other household items.

Do these products meet international standards? Vitafoam Nigeria Plc has a strong commitment to quality and has implemented international standards such as ISO 9001 in their manufacturing processes.

How long has Vitafoam Nigeria Plc been in operation? Vitafoam Nigeria Plc was incorporated in 1962, making it a well-established company in Nigeria.

What are the company's current products and services? Vitafoam Nigeria Plc offers a wide range of products, including foam mattresses, pillows, and other household items, as well as foam products for the automotive and construction industries.