Nascon Allied Industries Plc manufactures and sells refined, edible, and grade salt in Nigeria. The company operates through Salt and Seasoning segments. It offers table, pure dried and vacuum, tannery, butter, and edible and non-edible industrial salt; and spices comprising stew mix and curry powder, as well as seasoning cubes, tomato paste, and vegetable oil. The company sells its products directly to distributors who redistribute to wholesalers, confectioners, supermarkets, and retailers under the Dangote and Dan Q brand names. Nascon Allied Industries Plc was formerly known as NASCON Industries Plc and changed its name to Nascon Allied Industries Plc in July 2015. The company was founded in 1973 and is headquartered in Ikeja, Nigeria. Nascon Allied Industries Plc operates as a subsidiary of Dangote Industries Limited.
Nigerian Market Performance
7D7 Days: 6.1%
3M3 Months: 35.2%
1Y1 Year: 53.3%
YTDYear to Date: 40.4%
The market is up 6.1% over the last week, with the Materials sector leading the way, up 16%. In contrast, the Utilities sector is lagging, dropping 4.5%. As for the past 12 months, the market is up 53%. Earnings are forecast to grow by 19% annually. Market details ›
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