Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Nigeria
  4. Nigerian Stock Exchange
  5. Berger Paints Nigeria Plc
  6. News
  7. Summary
    BERGER   NGBERGER0000

BERGER PAINTS NIGERIA PLC

(BERGER)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Berger Paints Nigeria : unveils smoother, quicker painting

06/12/2020 | 01:44am EDT

Berger Paints Nigeria Plc has unveiled a unique premium painting solution, Berger Swift Painting (BSP), to deliver quicker, neater and smoother painting in the most efficient and effective way with the use of mechanised and advanced tools.

Managing Director, Berger Paints Nigeria Plc, Mr Anjan Sircar said the new service came out of the company's ingenuity and quest for innovative products and services.

He described Berger Swift Painting as a revolution noting that the company has always been on the forefront of trail brazing in products and service delivery.

'Berger Swift Painting is a new concept in the Nigerian painting industry. The concept is expected to revolutionise the industry in Nigeria. Berger Paints Nigeria is the first paint company to offer this novel service in Nigeria. The new service will completely change the process of painting in the country,' Sircar said.

He said the new service will ultimately make project execution quicker, neater and smoother as operators will not have to worry about paint spillage or dusts on the furniture as there will be on-site support to help move and cover furniture to ensure space remains neat.

'Berger Swift painters are well trained, well kitted and safety conscious. They follow all hygiene protocols to ensure safety of lives and properties. This is more apt at this period of Covid- 19 pandemic. The painters will properly sanitise their hands and use appropriate nose masks,' Sircar said.

He pointed out that apart from havoc posed by substandard products in the paint industry, prolonged duration of painting, dusty environment while painting and poor finishing are other challenges faced by customers.

According to him, the introduction of Berger Swift Painting service will solve these challenges by delivering quicker, neater and smoother painting. The new service from Berger Paints is expected to bring the country at par with the western world in the area of quality service delivery.

He noted that Berger Paints Nigeria, which started operation in Nigeria in January 1959, has grown to be a leader in the coating and allied industry in Nigeria as it has over the years built a reputation as the first in setting standards in the paint industry in Nigeria.

He added that the company pioneered a wide range of specialty products that are much sought after in the dynamic and ever-changing paints market.

© Pakistan Press International, source Asianet-Pakistan

Stocks mentioned in the article
ChangeLast1st jan.
BERGER PAINTS BANGLADESH LIMITED -0.60% 1851.2 End-of-day quote.29.50%
BERGER PAINTS NIGERIA PLC 0.00% 8.9 End-of-day quote.21.09%
All news about BERGER PAINTS NIGERIA PLC
07/30Berger Paints Nigeria plc Reports Earnings Results for the Second Quarter End..
CI
05/24BERGER PAINTS NIGERIA : Shareholders Approve N116 Million Dividend
AQ
05/20BERGER PAINTS NIGERIA PLC : Proxy Statments
CO
04/29BERGER PAINTS NIGERIA PLC : Mixed general shareholder meeting
CO
04/28BERGER PAINTS NIGERIA PLC : 1st quarter report
CO
04/28Berger Paints Nigeria plc Reports Earnings Results for the First Quarter Ende..
CI
03/02BERGER PAINTS NIGERIA : Appoints Director
AQ
02/24Berger Paints Nigeria Plc Announces Board Changes
CI
02/24BERGER PAINTS NIGERIA : Appoints Ex-IFC Personnel As Director
AQ
01/29Berger Paints Nigeria plc Reports Earnings Results for the Fourth Quarter End..
CI
More news
Financials
Sales 2021 4 180 M 10,2 M 10,2 M
Net income 2021 - - -
Net Debt 2021 - - -
P/E ratio 2021 -
Yield 2021 -
Capitalization 2 579 M 6,27 M 6,28 M
Capi. / Sales 2021 0,62x
EV / Sales 2022
Nbr of Employees 136
Free-Float 99,0%
Chart BERGER PAINTS NIGERIA PLC
Duration : Period :
Berger Paints Nigeria Plc Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 1
Last Close Price 8,90 NGN
Average target price 8,27 NGN
Spread / Average Target -7,08%
Managers and Directors
Anjan Sircar Managing Director & Director
Pheobe Onyinye Obi Chief Financial Officer
Abi Allison Ayida Chairman
Aderonke Olajubu Head-Technical
Adeyemi Adetomiwa Chief Operating Officer
Sector and Competitors
1st jan.Capi. (M$)
BERGER PAINTS NIGERIA PLC21.09%6
THE SHERWIN-WILLIAMS COMPANY19.91%76 918
ASIAN PAINTS LIMITED19.48%43 000
PPG INDUSTRIES, INC.1.75%34 830
NIPPON PAINT HOLDINGS CO., LTD.-37.78%30 130
AKZO NOBEL N.V.12.61%21 167