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Nestle Foods Nigeria PLC Company Snapshot
Nestle Foods Nigeria PLC. Nestle Nigeria Plc is a food manufacturing and marketing company. The Company is engaged in manufacturing, marketing and distribution of food products, including purified water throughout the country. It operates through two segments: Food and Beverages. The Food segment includes production and sale of Maggi, Cerelac, Nutrend, Nan, Lactogen and Golden Morn. The Beverages segment includes production and sale of Milo, Chocomilo, Nido, Nescafe and Nestle Pure Life. It manufactures and markets a range of brands, which include Infant Formula-Nestle NAN, Infant cereals-Nestle NUTREND, Nestle CERELAC, Family cereals-Nestle GOLDEN MORN, Confectionery-Nestle CHOCOMILO, Bouillon-MAGGI Cube, MAGGI Mix'py and Table Water-Nestle PURE LIFE. Its products include MAGGI Star Cube, MAGGI Crayfish, MAGGI Chicken, Ginger & Garlic, Golden Beef and Classic. It promotes food cultures through MAGGI Star Cook participatory cookery program in neighborhoods, and MAGGI Women Forum, a home management program.

Sales Analysis. During the year ended December of 2018, sales at Nestle Foods Nigeria PLC were 266.27 billion Naira (US$868.06 million). This is an increase of 9.1% versus 2017, when the company's sales were 244.15 billion Naira. This was the fifth consecutive year of sales increases at Nestle Foods Nigeria PLC (and since 2013, sales have increased a total of 100%). Sales of Beverage saw an increase of 9.1% in 2018, from 89.93 billion Naira to 98.10 billion Naira.
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Nestle Foods Nigeria PLC
  Stock Performance Chart for Nestle Foods Nigeria PLC
  Stock Data: Recent Stock Performance:
  Current Price (10/11/2019): 1,215.00
(Figures in Naira)
1 Week -3.2%   13 Weeks 1.3%  
4 Weeks -0.8%   52 Weeks -13.2%  
Nestle Foods Nigeria PLC Key Data:
  Ticker: NESTLE Country: Nigeria
  Exchanges: NIG Major Industry: Food, Beverage & Tobacco
    Sub Industry: Dehydrated Fruits, Vegetables, Soups
  2018 Sales 266,274,621,000
(Year Ending Jan 2019).
Employees: 2,187
  Currency: Naira Market Cap: 963,077,346,180
  Fiscal Yr Ends: December Shares Outstanding: 792,656,252
  Share Type: Ordinary Closely Held Shares: 524,559,457
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