• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Opinions Blurb

Analysis: Nestle Plc, dragged by uncontrollable forces in a forgettable 2020 

Ekene Onyeama by Ekene Onyeama
March 9, 2021
in Blurb, Opinions, Spotlight
Share on FacebookShare on TwitterShare on Linkedin

Shortly after Nestle Nigeria released its FY 2019 results last year, analysts wrote lofty and pedantic reviews on what was a truly decent year recording of about 19% improvement in operating profit. A precursor to stellar achievements in the coming year was everyone’s apparent projection. As it turns out, both controllable and uncontrollable forces have played their part in piling misery on the fortunes of the food giant.

2020 was hard-hitting. Covid-19 greeted Africa fully in the second quarter, straight away making life difficult for individuals and businesses. Its sour fruits are responsible for Nestle Nigeria’s outward financial decline. Its effects have been ever-present since, cutting across all the quarters. In Q2 of 2020, Pre-Tax Profit immediately dipped from N17.4billion to N16.4billion. By the end of Q3, pre-tax profit had succumbed 12.83%, eliminating almost the good work from the year before and by FY 2020, Nestle closed with a 14% decline in profit position.

 

RelatedStories

Supermarket aisle with consumer goods viewed from a shopping cart.

List of FMCG stocks that have generated over 100% return in 2025

September 15, 2025
Dividend stocks poise for growth in 2024

Nigerian Breweries, MTN and Nestlé expected to resume Dividend Payouts in 2026

August 14, 2025



Follow us for Breaking News and Market Intelligence.
Tags: FeaturedNestle
Ekene Onyeama

Ekene Onyeama

Ekene Onyeama is a Chartered Accountant currently plying one of the Tier one Banks in Nigeria. He started out his career at Ideascorp Limited, a private company in the hospitality industry where he served as the accountant before switching to banking. Ekene enjoys analyzing companies. He likes to write and is very excited by company valuations. He can be reached on Twitter @Ekenergy_

Related Posts

Supermarket aisle with consumer goods viewed from a shopping cart.
Consumer Goods

List of FMCG stocks that have generated over 100% return in 2025

September 15, 2025
Dividend stocks poise for growth in 2024
Fixed Income

Nigerian Breweries, MTN and Nestlé expected to resume Dividend Payouts in 2026

August 14, 2025
The 10 most valuable companies in Nigeria as of September 2023 
Companies

Nigerian firms swimming in cash as operating cash flows surge to all-time highs

August 11, 2025
companies
Equities

SWOOTs: Nigeria’s trillion-naira stocks that have gained over 20% this year

May 23, 2025
Nestlé logo on company building
Equities

BUA Foods, Nestlé, NASCON, Cadbury or Dangote Sugar — Who offers the best value? 

May 14, 2025
companies
Equities

Dangote, MTN, BUA, Nestlé Nigeria, Seplat , others incur N1.42 trillion in interest expenses in 2024, up 146%

April 15, 2025
Next Post
Bitcoin suffers worst financial loss in minutes

Bitcoin is flying to Mars, surges past $54,000

Comments 1

  1. Mohammed Yusuf says:
    March 10, 2021 at 10:03 pm

    Bulumkutu Tsallake layin mai goshin sallah

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

arco
arco
access bank
nairametrics
first bank









DUNS

Recent News

  • Dangote announces plan to expand refinery capacity to 1.4 million b/d, set to become world’s largest  
  • Nigerian Breweries records N129.4 billion nine-month 2025 pre-tax profit, trims quarterly loss 
  • Nigeria’s Eurobonds: Long-term bond prices slip as investors grow cautious 

Follow us on social media:

Recent News

NNPC no longer owns 20% of Dangote Refinery, says Aliko Dangote

Dangote announces plan to expand refinery capacity to 1.4 million b/d, set to become world’s largest  

October 22, 2025
Nigerian breweries

Nigerian Breweries records N129.4 billion nine-month 2025 pre-tax profit, trims quarterly loss 

October 22, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics