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
sales of 940.52 million Naira [US$3.08 million]
Honeywell Flour Mills Plc
(53.23 billion Naira [US$174.06 million]
Pioneer Food Group Limited
based in South Africa
(19.58 billion South African Rands [US$1.68 billion]
of which 64%
was Essential Foods).
During the year ended March of 2017, sales at
Flour Mills of Nigeria Plc were 524.46 billion Naira (US$1.71 billion).
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)
Packaging (up 130.7% to 27.92 billion Naira)