CATEGORY: NESTLE NIGERIA


Nestle Nigeria Post 25% Growth in Profit (2017 Q1)

Nestle Nigeria today released Unaudited Financial Statements for the three months ended 31 March 2017.   Revenue N’million Q1...


Naira Depreciation Cost Nestle N23 billion In Exchange Rate Loss

Nairametrics| Nestle Nigeria Plc released its 2016 results showing revenues rose 20% to N181.9 billion (2015: N151.2 billion). Profit after...


ALERT: Download Nestle Nigeria 2016 FY Result

Nestle Nig Plc today released audited results for the financial year ended 31 December 2016. Revenue N’million FY 2016|...


Nestle Nigeria Plc Q3 16: Another Quarter, Another Loss…Same FX Story

  Nestlé Nigeria Plc (Nestlé) released unaudited results for 9 months ended 30th September 2016 wherein revenue rose 16.6%...


Nestle Nigeria Plc Earnings Down 97% (2016 9 Months)

Nestle Nigeria Plc released its 2016 result for the nine months ended 30 September 2016 ; See below Revenue N’m...


CORPORATE ACTION: Nestle Nigeria Plc Announce Changes to Board of Directors

Nestle Nigeria Plc have announced changes to the Board of Directors. Mr. Dharnesh Gordhon, resigned his appointment as a Director...


Alert: Nestle Nigeria Plc Release 2016 Second Quater Earnings

 Nestle Nigeria Plc released its 2016 Q2 results for the period ended June 30 2016 ; See below  ...



Abaji Water Factory: FCMB Guarantees Nestle’s N5.7 billion Loan

By Guaranteeing the loan they carry a risk of paying Bank of Industry all or part of the loans...


Nestle’s N5.6 Billion Water Factory Inaugurated In Abaji

President Muhammadu Buhari has promised to make Nigeria the investment destination of Africa. Buhari made this statement when he...


Currency Restrictions Becomes Unbearable As PZ Cussons Shriek

The currency restrictions imposed by the Central Bank is becoming unbearable for PZ Cussons Plc as the maker of...


Nestle Nigeria Declares Pre-tax Profit Of N29 billion, Proposes N19 Dividend For Shareholders

Nestle Nigeria, the country’s No. 1 company responsible for the manufacturing, marketing, and distribution of food products including purified...


[Corporate Action] Nestle Nigeria PAT Rises By 2% to N17 billion In Q3’2015

Nestle Nigeria Plc released its financial results for the period ended 30th September 2015. The result showed that revenue...


Here Is Why Renaissance Capital Switched GSK & 7up to a BUY

We assess the bottom of the pyramid (BOP) consumer in Nigeria and analyse which companies both private and public...


Why ARM Placed a “SELL” Rating on Nestle

Nestle Nigeria Plc released its 2015 H1 results reporting 1.9% YoY reduction in revenues for H1 2015 to N65.9...


[ANALYSIS] Nestle’ job cuts signals bigger problems for Nigerian FMCG firms

Nestle’ cutting their workers is signalling bigger problems as lower spending, foreign exchange risk and security challenges continues hold...


Here’s why Nestle is about to sack 15 percent of its workforce

Nestle has announced it is planning to cut down about 15 percent of its workforce in 21 African countries...


Buy, Sell or Hold: Nestle after 2015 Q1 results

Nestle Nigeria Plc (3 months ended March 2015) Revenue plunge headlines a weak performance Nestlé Nigeria Plc (Nestlé) released unaudited results for 3...


Why Nestle Nigeria is declaring dividend in March only to pay 9 weeks later in May

Nestle released its 2014 full year results posting a profit after tax of N22.2billion. The company also posted an...


Why MERISTEM placed a “buy” rating on Nestlé Nigeria shares

Nestle Nigeria Plc., recently released its FY2014 result posting another impressive year on year (YoY) result despite stiff competition...