Nestle Nigeria Plc released its audited results for the year ended December 2020.
- Revenue increased to N287.1 billion. (+1.07% YoY)
- Profit before income tax was N60.6 billion in 2020. (-15.5%)
- Earnings per share for the period under review was N49.47. (-14.16%).
- Nestle proposed a dividend of N35.50 for the year ended 2020.
- The company share price of N1,450, as of when the result was published is 3.65% down year to date.
See link to results