Nestle Nigeria Plc has released its results for the 2018 financial year. Here are highlights of the results

Revenue

Revenue increased from N244 billion in 2017 to N266 billion in 2018. This represents a 9% increase year on year.

Profit before tax

Profit before tax also rose from N46.8 billion in 2017 to N59.7 billion in 2018. This marks a 27% increase, year on year.

Bua group

Profit after tax

Profit after tax also rose from N33.7 billion in 2017 to N43 billion in 2018. This marks a 27.5% increase year on year.

Earnings per share

Earnings per share increased from N42.55 per share to N54.26 per share in 2018. This marks a 27.5% increase, year on year.

DOWNLOAD NESTLE NIGERIA PLC FY 2018 RESULTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.