Vitafoam Promises To Sustain Shareholders’ Value | Independent Newspapers Limited
Newsletter subscribe

Business, Money Market

Vitafoam Promises To Sustain Shareholders’ Value

Posted: Jul 22, 2015 at 12:08 am   /   by   /   comments (0)

In furtherance of the cordial relationship between the company and its shareholders, management of Vitafoam Nigeria Plc has said that it will continue to put the interest of the company and its shareholders first.

The management said its current strategic expansion will deliver sustainable value to its shareholders, even as it will increase Returns on Investment (ROI) to all stakeholders.

Addressing the company’s key distributors at the inauguration of the second Comfort Centre in Warri, Delta State, the Group Managing Director, Mr. Taiwo Adeniyi, explained that the company would continue to sustain its culture of ensuring shareholder value.

He ascribed the performance of the company to major factors, ranging from strong brand equity to leader and pacesetter advantage.

Adeniyi said that the rationale for a second Comfort Centre in Warri was to meet the increasing demand for the company’s products in view of the quality associated with them.

He explained that Vitafoam Comfort Centre was a retail concept born out of need to provide convenience and complete solution for the company’s esteemed customers’ needs for premium comfort, wellness and relaxation.