Daily Archives: March 3, 2020

Nestle Nigeria ends fiscal 2019 with higher revenue and profit

nestle

Nestle Nigeria Plc has reported earnings growth of 6% for the full year 2019. The food and beverage giant said that profit rose to N45.6bn from N43bn in 2018.

The company benefited from a 6.7% growth in revenue to N284bn. Nestle was also helped by operating profit rise of 19% to N72bn.