July 28, 2017/InvestmentOne Research

Nestle Nigeria Plc  released its Q2 2017 today.

Please find key highlights below:

·         Revenue of N60.78bn: down -0.6% q/q;  up+37.1% y/y

·         Profit before tax of N10.18bn: down -28.7% q/q; up  c.+230.0%  y/y on lower base effect

·         Profit after tax of N8.19bn: down -2.0% q/q; up c.+233.3% y/y on lower base effect

Please click to download the financial reports