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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: Honeywell Flour Mills Plc (2020 sales of 80.45 billion Nigerian Naira [US$210.78 million] ), Unga Group Plc of KENYA (18.26 billion Kenyan Schillings [US$166.54 million] ), and Les Moulins De La Concorde Ltee which is based in MAURITIUS (2.06 billion Mauritian Rupees [US$51.74 million] ).

Sales Analysis. During the year ended March of 2020, sales at Flour Mills of Nigeria Plc were 573.77 billion Nigerian Naira (US$1.50 billion). This is an increase of 8.8% versus 2019, when the company's sales were 527.40 billion Nigerian Naira. Sales of Agro Allied saw an increase that was more than double the company's growth rate: sales were up 19.7% in 2020, from 88.10 billion Nigerian Naira to 105.46 billion Nigerian Naira. Flour Mills of Nigeria Plc also saw significant increases in sales in Sugar Value Chain (up 18.1% to 97.63 billion Nigerian Naira) . Not all segments of Flour Mills of Nigeria Plc experienced an increase in sales in 2020: sales of Support Services fell 41.3% to 12.33 billion Nigerian Naira. (However, this segment's sales were only a very small portion of the company's overall sales).
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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 (11/20/2020): 27.75
(Figures in Nigerian Naira)
1 Week -7.3%   13 Weeks 20.7%  
4 Weeks 50.0%   52 Weeks 55.5%  
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
  2020 Sales 573,774,356,000
(Year Ending Jan 2021).
Employees: 5,027
  Currency: Nigerian Naira Market Cap: 113,785,978,067
  Fiscal Yr Ends: March Shares Outstanding: 4,100,395,606
  Share Type: Ordinary Closely Held Shares: 2,606,873,680
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