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Flour Mills of Nigeria Plc Company Snapshot
Flour Mills of Nigeria Plc operates within the Flour and other grain mill products sector. In addition to historical fundamental analyses, the complete report available to purchase compares Flour Mills of Nigeria Plc with three other bakery and confectionary companies in Africa: Northern Nigeria Flour Mills Plc (2016 sales of 979.04 million Naira [US$3.21 million] ), Honeywell Flour Mills Plc (50.88 billion Naira [US$166.90 million] ), and AVI Limited which is based in South Africa (12.19 billion South African Rands [US$871.75 million] of which 30% was Snackworks).

Sales Analysis. During the year ended March of 2016, sales at Flour Mills of Nigeria Plc were 342.59 billion Naira (US$1.12 billion). This is an increase of 11.0% versus 2015, when the company's sales were 308.76 billion Naira. Sales of Port Operation saw an increase that was more than double the company's growth rate: sales were up 332.0% in 2016, from 789.65 million Naira to 3.41 billion Naira. Flour Mills of Nigeria Plc also saw significant increases in sales in Food (up 17.7% to 280.29 billion Naira) . Not all segments of Flour Mills of Nigeria Plc experienced an increase in sales in 2016: sales of Real Estate fell 98.8% to 63.53 million Naira. (However, this segment's sales were only a very small portion of the company's overall sales). Flour Mills of Nigeria Plc also experienced decreases in sales in Agro Allied (down 7.5% to 46.72 billion Naira) and Packaging (down 13.2% to 12.10 billion Naira) .
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Flour Mills of Nigeria Plc
  Stock Performance Chart for Flour Mills of Nigeria Plc
  Stock Data: Recent Stock Performance:
  Current Price (10/21/2016): 20.00
(Figures in Naira)
1 Week -1.0%   13 Weeks -0.2%  
4 Weeks -6.8%   52 Weeks -4.8%  
Flour Mills of Nigeria Plc Key Data:
  Ticker: FLOURMILL Country: Nigeria
  Exchanges: NIG Major Industry: Food, Beverage & Tobacco
    Sub Industry: Flour & Other Grain Mill Products
  2016 Sales 342,586,459,000
(Year Ending Jan 2017).
Employees: 7,182
  Currency: Naira Market Cap: 52,485,063,760
  Fiscal Yr Ends: March Shares Outstanding: 2,624,253,188
  Share Type: Ordinary Closely Held Shares: 1,380,599,567
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