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Flour Mills of Nigeria Plc Company Snapshot
Flour Mills of Nigeria Plc is engaged in flour milling; production of pasta, noodles, edible oil and refined sugar; production of livestock feeds; farming and other agro-allied activities; distribution and sale of fertilizer; manufacturing and marketing of laminated woven polypropylene sacks and flexible packaging materials; operation of terminals A and B at the Apapa port, and customs clearing, forwarding and shipping agents and logistics. Its segments are Food, which mills and sells flour and rice, and produces and sells pasta, snacks, sugar and noodles; Agro Allied, which farms maize, cassava, soya, sugar cane and oil palm, and produces and sells fertilizers, edible oils and livestock feeds; Packaging, which manufactures and markets laminated woven polypropylene sacks and packing materials; Port operations and logistics, which includes port terminal operations, customs clearing and forwarding, shipping and haulage services, and Real estate, which leases investment property.

Sales Analysis. During the year ended March of 2017, sales at Flour Mills of Nigeria Plc were 524.46 billion Naira (US$1.71 billion). This is an increase of 53.1% versus 2016, when the company's sales were 342.59 billion Naira. Sales of Port Operation saw an increase that was more than double the company's growth rate: sales were up 258.7% in 2017, from 3.41 billion Naira to 12.24 billion Naira. Flour Mills of Nigeria Plc also saw significant increases in sales in Agro Allied (up 151.5% to 117.50 billion Naira) and Packaging (up 130.7% to 27.92 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 (8/18/2017): 28.51
(Figures in Naira)
1 Week -1.7%   13 Weeks 10.8%  
4 Weeks 50.1%   52 Weeks 45.5%  
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
  2017 Sales 524,464,448,000
(Year Ending Jan 2018).
Employees: 7,284
  Currency: Naira Market Cap: 74,817,458,390
  Fiscal Yr Ends: March Shares Outstanding: 2,624,253,188
  Share Type: Ordinary Closely Held Shares: 1,379,547,088
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