March 5, 2018/Cordros Capital •Revenue of NGN244.2bn reported was 34% higher vs. 2016FY, but slightly below consensus NGN245.9bn •EBITDA of NGN62.18bn was 41% higher vs. 2016FY, and well-above consensus NGN58.5bn •Finance charges dropped by 27.6% to NGN15.1bn •PAT was NGN33.7bn, 326% higher vs. 2016FY, and above consensus NGN29.9bn •Compared to […]
Results & Dividends
Nestle Nigeria Plc FY 17 – Earnings Rebound to its Strongest Level on Record
Culled—Proshare March 5, 2018/ARM Research Nestle Nigeria Plc (Nestle) bounced back from 2016 tough time, coming out stronger, with its recently released full-year 2017 results revealing a solid growth in earnings of N33.7 billion – its highest absolute earnings on record. Earnings reported in FY 17 translate to an EPS […]
Nestle Nigeria Financial Year 2017-Highlights
March 5, 2018/InvestmentOne Report Kindly Click here to download the FY 2017 Financial Result Update of Nestle Nigeria Plc

