Flour Mills of Nigeria (FMN) officially relaunched the Honeywell brand in mid-December 2024, reaffirming its commitment to delivering high-quality products and strengthening its market presence.
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Flour Mills of Nigeria Plc, the country’s largest milling company, has announced plans to invest up to $1 billion over the next four years to expand its operations.
Flour Mills of Nigeria (FLOURMI) has surged 22% month-to-date by mid-September, showing resilience despite negative investor sentiment affecting Fast-Moving Consumer Goods (FMCG) stocks amid the naira's devaluation.
For the 2022 fiscal year, over 71 publicly traded companies spanning various sectors, including banking, telecommunications, and consumer goods, collectively disbursed over N1.5 trillion in dividends.
Flour Mills Nig Ltd through its subsidiary Premier Feed Mills has announced the temporary suspension of the offtake of maize and sorghum over the increase in the commodities prices in recent times.
Despite increased operating expenses and increased finance costs, the rise in food inflation has led to increased revenue for Nigerian food companies.
FMCG conglomerate, Flour Mills of Nigeria Plc, recorded a pre-tax profit of N1.2 billion in the quarter ending September 30, 2023, marking a 13.8% increase year-on-year from the N1.05 billion recorded in the corresponding quarter in 2022.
Flour Mills Nigeria reported its 2023 full-year results showing pre-tax profit grew by 1.45% year on year, reaching N39.783 billion.
The company has a market capitalization of 111.94bn NGN and its current share price is N27.3
Flour Mills of Nigeria plc (FMN), owners of the iconic Golden Penny brand has recorded another milestone in...
The stock market closed negative amidst buy-interests and sell-offs as bears dominated proceedings for the sixth consecutive day.
