Nestlé Nigeria Plc manufactures, markets, and distributes food products in Nigeria. It operates in two segments, Food and Beverages. The company offers food products under the Maggi, Cerelac, SMA, Nan, Lactogen, Golden Morn brands; beverage drinks under the Milo, Milo energy cube, Nescafe, Milo ready-to-drink, and Nestlé Pure Life brands; and snacking products. It also provides purified water. In addition, the company offers its products under the Ideal, Nido, Carnation, Gloria, and Nestle´ Professional brand names. It also exports its products. The company was founded in 1961 and is headquartered in Lagos, Nigeria. Nestlé Nigeria Plc is a subsidiary of Société des Produits Nestlé S.A.
Nigerian Market Performance
7D7 Days: 4.1%
3M3 Months: 31.8%
1Y1 Year: 45.8%
YTDYear to Date: 33.9%
Over the last 7 days, the market has risen 4.1%, driven by gains of 7.2% in the Materials sector. On the other hand, with a decline of 3.6%, the Industrials sector is lagging behind. In the last year, the market has climbed 46%. Earnings are forecast to grow by 20% annually. Market details ›
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