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 Ltd
sales of 4.15 billion Naira [US$13.53 million]
Honeywell Flour Mills Plc
(74.41 billion Naira [US$242.57 million]
based in South Africa
(13.15 billion South African Rands [US$880.06 million]
of which 30%
was Food and Beverage Brands - Snackworks).
During the year ended March of 2019, sales at
Flour Mills of Nigeria Plc were 527.40 billion Naira (US$1.72 billion).
decrease of 2.8%
versus 2018, when the company's sales were 542.67 billion Naira.
Contributing to the drop in overall sales was the 22.3% decline
in Food, from 431.89 billion Naira to 335.61 billion Naira.
There were also decreases in sales in
Agro Allied (down 2.8% to 88.10 billion Naira)