Equities

Nestle Nigeria PLC

NESTLE:LAG

Nestle Nigeria PLC

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Consumer Staples Food Producers
  • Price (NGN)786.00
  • Today's Change-34.00 / -4.15%
  • Shares traded41.43k
  • 1 Year change-23.32%
  • Beta0.4464
Data delayed at least 60 minutes, as of Apr 25 2024 14:30 BST.
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About the company

Nestle Nigeria Plc is a Nigeria-based food and beverage company. The Company is engaged in the manufacturing, marketing, and distribution of food products, including purified water throughout the country. The Company also exports some of its products to other countries within and outside Africa. Its segments include Food and Beverages. The Food segment includes the production and sale of Maggi, Cerelac, Nan, Lactogen and Golden Morn. The Beverages segment includes the production and sale of Milo, Chocomilo, Nescafe, Milo ready-to-drink (RTD) and Nestl Pure Life, and Cofee RTD. The Company’s brands include African Coffee, BIFIDUS BL, Carnation Tea Creamer, Coconut Milk Punch, KitKat, Maggi, Nescafe, Nestle Gloria, Nestle Cerelac, and Nescafe Breakfast, among others.

  • Revenue in NGN (TTM)547.12bn
  • Net income in NGN-79.47bn
  • Incorporated1961
  • Employees2.38k
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Institutional shareholders

1.01%Per cent of shares held by top holders
HolderShares% Held
T. Rowe Price Associates, Inc. (Investment Management)as of 31 Mar 20242.03m0.26%
BlackRock Fund Advisorsas of 04 Apr 20241.30m0.16%
Norges Bank Investment Managementas of 31 Dec 20231.01m0.13%
Genesis Investment Management LLPas of 30 Sep 2021949.87k0.12%
Mazi Asset Management (Pty) Ltd.as of 30 Jun 2020818.35k0.10%
Parametric Portfolio Associates LLCas of 29 Feb 2024503.50k0.06%
Old Mutual Investment Group (Pty) Ltd.as of 30 Sep 2023478.32k0.06%
Sanlam Investment Management (Pty) Ltd.as of 31 Dec 2021445.00k0.06%
Silk Invest Ltd.as of 29 Feb 2024285.00k0.04%
Imara Asset Management (Pvt) Ltd.as of 30 Apr 2017220.37k0.03%
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Data from 30 Apr 2017 - 31 Mar 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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