Introduction A thorough analysis of Nestle’s current financial report shows that the 2023 financial year was not a good one for the company. While it made good sales (as evidenced by the higher turnover figure), growing finance costs completely overshadowed…
Nestlé Nigeria PLC, has declared a N547.1 billion sales increase for the 2023 financial year, translating to a 22.4 percent increase of N100 billion compared to the corresponding period of 2022. The company’s Managing Director, Mr Wassim Elhusseini, made the…
By Philemon Adedeji Nestlé Nigeria plc has announced 30 per cent growth in revenue to N222.5 billion in its half year (H1) unaudited financial statement for the period ended June, 30, 2022, from N171.4 billion announced in prior-year (H1) results.…
Sell pressure witnessed on the shares of Nestle Nigeria Plc since the beginning of the year has resulted in investors of the company losing about N124.05 billion at the close of trading on 13th July. Checks by journalists showed that…
Nestle Nigeria plc declared yesterday at the end of trading session, share price which depreciated by 2.79 per cent to close at N1,395 per share, taking the market capitalization to N1.11 trillion. The decline in share prices which was recorded…
Nestlé Nigeria Plc has posted a profit before tax (PBT) of N51.58 billion for the third quarter ended Sept. 30. This was contained in the company’s Unaudited Financial Statements sent to the Nigerian Exchange (NGX) Ltd., signed by the Company…
