Flour Mills of Nigeria PLC

NGSE:FLOURMILL Stock Report

Market Cap: ₦335.4b

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Flour Mills of Nigeria Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Boye Olusanya

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure5yrs
CEO ownershipn/a
Management average tenure3.5yrs
Board average tenure13.5yrs

Recent management updates

Recent updates

CEO

Boye Olusanya

5yrs

Tenure

Mr. Omoboyede Oyebolanle Olusanya also known as Boye serves as Chairman at Honeywell Flour Mills Plc since May 10, 2022. He is Executive Director at Flour Mills of Nigeria PLC since 29 July 2020. He served...

Leadership Team

NamePositionTenureCompensationOwnership
Omoboyede Olusanya
Group MD5yrsno datano data
Anders Kristiansson
Group Chief Financial Officer6yrsno datano data
Joseph Umolu
Company Secretary & Group Director of Legal Services9yrsno datano data
Uchenna Ajo
Group HR & Services Director2yrsno datano data
Stoney Su
Managing Director of Agro- Allied Division1.8yrsno datano data
Devlin Hainsworth
Managing Director of Food Divisionless than a yearno datano data
Nassib Raffoul
Managing Director of Honeywell Flourmillsno datano datano data

3.5yrs

Average Tenure

Experienced Management: FLOURMILL's management team is considered experienced (3.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Omoboyede Olusanya
Group MD4.5yrsno datano data
John Coumantaros
Chairman35yrsno datano data
Yunus Olalekan Saliu
Non-Executive Director30.9yrsno data0.030%
NGN 101.1m
Thanassis Mazarakis
Non-Executive Director18.5yrsno datano data
Rabiu Gwarzo
Non-Executive Director15.1yrsno data0.0049%
NGN 16.3m
Ioannis Katsaounis
Non-Executive Director31.3yrsno datano data
Folarin Rotimi Williams
Non-Executive Director19.7yrsno data0.00073%
NGN 2.4m
Paul Gbededo
Vice Chairman11.8yrsno data0.26%
NGN 886.4m
Jerry Gana
Non-Executive Director11.8yrsno data0.0011%
NGN 3.6m
Foluso Phillips
Independent Non-Executive Director10.8yrsno datano data
Alfonso Garate
Non-Executive Director9.8yrsno datano data
Salamatu Suleiman
Independent Non-Executive Director7.8yrsno datano data

13.5yrs

Average Tenure

63yo

Average Age

Experienced Board: FLOURMILL's board of directors are seasoned and experienced ( 13.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/07 10:53
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Flour Mills of Nigeria PLC is covered by 15 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAfrican Alliance
Usman-Olubajo AjibolaARM Research
Victor DimaArqaam Capital Research Offshore S.A.L.