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Nairametrics
Home Companies Company News

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

Editor by Editor
October 27, 2015
in Company News
Why Nestle Nigeria is declaring dividend in March only to pay 9 weeks later in May
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Nestle Nigeria Plc released its financial results for the period ended 30th September 2015.

The result showed that revenue rose by 5% from N102 billion in 2014 to N107 billion in 2015.

Profit before tax rose by 3.25% from N20 billion in 2014 to N20.8 billion in 2015.

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See Summary of result below…

NESTLE NIGERIA Q3 2015 2015 2014 % Change
N’m N’m
Revenue 107,985 102,665 5.18%
Gross Profit 48,010 44,305 8.36%
Operating Expenses -23,333 -22,201 5.10%
Pre-tax profits 20,813 20,158 3.25%
Profit After Tax 17,236 16,862 2.22%
Current Share Price

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Tags: NestleNews Review
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