Fidson Healthcare Plc emerged as the Best Performing Stock in the Healthcare (Pharmaceutical products) sector in 2021 according to the Nigeria Exchange Limited (NGX).
The leading pharmaceutical manufacturer received this recognition at the 2022 Nigerian Investor Value Awards (NIVA) organised by BusinessDay in collaboration with the Nigeria Exchange Group.
The award ceremony which held on Saturday, May 14, 2022, was created to recognise outstanding leaders in both public and private sectors, who have created sustainable value for their shareholders through strategic prioritization, operational efficiencies, organisational values, and market engagement activities.
According to The Publisher, Businessday – Frank Aigbogun, Fidson earned this award by its impressive performance in the Nigerian Exchange despite a challenging macro-economic environment in the past year under review, outperforming other stocks in its sector and demonstrating commitment to National and economic development.
Addressing attendees at the event, the Chief Executive Officer, Nigerian Exchange Limited, Temi Popoola represented by the Divisional Head, Capital Markets, Jude Chiemeka, said that while the award aligns with the goal of Nigeria Exchange Group to promote actionable and effective multi-stakeholder dialogue on issues pivotal to a well-functioning financial system, it also underscores the resilience of outstanding organizations in Nigeria.
While receiving the award for Fidson Healthcare Plc, the Company’s Secretary – Mr Yomi Adebanjo expressed the gratitude of the Board Members, Management, and the entire staff of Fidson Healthcare Plc. for the honour and emphasized the company’s commitment to continually add value to the lives of Nigerians through the delivery of quality healthcare products and services.
Fidson Healthcare Plc – a wholly Nigerian enterprise established in 1995 – was listed on the Nigerian Stock Exchange in 2008 and has received several awards for its performance in the market including the Nigerian Stock Exchange CEO of the Year in 2012 and BusinessDay Top 25 CEO Awards in 2013 and 2014 consecutively. The company is poised to be the number one healthcare provider in West Africa.