Nestlé Nigeria Past Earnings Performance

Past criteria checks 0/6

Nestlé Nigeria's earnings have been declining at an average annual rate of -65.5%, while the Food industry saw earnings growing at 34% annually. Revenues have been growing at an average rate of 21.3% per year.

Key information

-65.5%

Earnings growth rate

-65.5%

EPS growth rate

Food Industry Growth21.5%
Revenue growth rate21.3%
Return on equityn/a
Net Margin-27.0%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Nestlé Nigeria makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NGSE:NESTLE Revenue, expenses and earnings (NGN Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24815,817-220,677120,7200
30 Jun 24692,321-206,407111,4810
31 Mar 24602,633-238,36798,9420
31 Dec 23547,119-79,47493,7960
30 Sep 23509,939-34,25585,4180
30 Jun 23486,138-28,76781,3890
31 Mar 23464,56447,19575,0310
31 Dec 22446,81948,96568,8710
30 Sep 22423,70346,60567,1100
30 Jun 22402,83346,05763,7910
31 Mar 22374,79045,61762,2830
31 Dec 21351,82240,03759,8710
30 Sep 21335,94240,85960,1230
30 Jun 21317,49939,11958,3880
31 Mar 21304,01240,41755,1010
31 Dec 20287,08439,21254,7930
30 Sep 20285,42140,77956,6620
30 Jun 20283,15141,26256,9480
31 Mar 20283,39844,03257,8230
31 Dec 19284,03545,68356,0850
30 Sep 19274,48746,73155,7520
30 Jun 19272,88847,79755,5010
31 Mar 19269,77847,24854,4230
31 Dec 18266,27543,00853,2790
30 Sep 18262,04443,86249,1670
30 Jun 18257,52738,63346,9540
31 Mar 18250,46433,97146,1380
31 Dec 17244,15133,72445,1730
30 Sep 17237,67130,42043,3460
30 Jun 17223,38823,93740,9980
31 Mar 17206,9329,60238,6330
31 Dec 16181,9117,92537,1140
30 Sep 16172,7686,98536,8270
30 Jun 16165,79015,38536,2530
31 Mar 16159,84627,46435,8130
31 Dec 15151,27223,73733,5980
30 Sep 15148,65022,61032,8000
30 Jun 15142,05319,28732,2940
31 Mar 15137,46019,18631,0700
31 Dec 14143,32922,23631,6670
30 Sep 14140,33322,02231,3230
30 Jun 14137,83922,92331,0910
31 Mar 14135,81322,26730,3720
31 Dec 13133,08422,25828,9530

Quality Earnings: NESTLE is currently unprofitable.

Growing Profit Margin: NESTLE is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: NESTLE is unprofitable, and losses have increased over the past 5 years at a rate of 65.5% per year.

Accelerating Growth: Unable to compare NESTLE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NESTLE is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (135.3%).


Return on Equity

High ROE: NESTLE's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 09:45
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Nestlé Nigeria Plc is covered by 19 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Adedayo AyeniAbsa Bank Limited
null nullARM Research
Victor DimaArqaam Capital Research Offshore S.A.L.