Daily Archives: June 3, 2019

Coca Cola HBC forecasts Annual Revenue growth of 6% through 2025

Coca-Cola HBC, the leading bottler of Coca-Cola products in 28 countries including Nigeria announced on Monday it expects revenue annual growth of 6% for the next six years through 2025.

According to a Reuters report, the company said that the average annual revenue growth rate is expected to be in the range of 5%-6% on a currency-neutral basis.

Nestle Nigeria aims for increased market share

Nestle Nigeria Plc said it plans to introduce brand loyalty programmes as a way to grow its market share in the country.

The company’s Managing Director, Mauricio Alarcon, disclosed this during the firm’s Annual General Meeting held in Lagos recently.

Alarcon said that Nestle had continued to focus on creating demand as well as strengthening its brand loyalty so as to increase market penetration.

Danone Nutricia unveils Aptamil baby formula in Nigeria

Danone Nutricia, a multinational food company has launched one of its leading infant food brands in the world, Aptamil Infant formula into the Nigerian market.

According to the company, Aptamil contains a unique blend of key nutrients like carbohydrate, protein, vitamins, minerals (basically fat soluble) and other micro-nutrients.