Nestle Nigeria Plc is a Nigeria based food manufacturing and marketing company listed on the Nigerian Stock Exchange (NGX).
Nestle Nigeria Plc is a subsidiary of the largest food and beverage company in the world and operates through two segments: Food and Beverages.
Overview of Nestle Nigeria Plc
Today, Nestle Nigeria Plc’s portfolio of products and services are diversified in more sectors of the Consumer Goods value chain and include the following: an extensive range of products for the retail and wholesale sectors, including famous brands of food like Maggi, Golden Morn, Nan, Lactogen, Nutrend and Cerelac; well-known brands in the beverages segment like Milo, Chocomilo, Nescafe, Nestle Pure Life and Nido, and the infants’ range that includes the infant formula Nestle Nan and infant cereals like Nestle Nutrend, Nestle Cerelac and Nestle Golden Morn.
Nestle Nigeria Plc also produces and markets a brand of still water called Pure Life and the company promotes food cultures through participatory cookery programmes in neighbourhoods, and a home management programme.
The history of Nestle Nigeria Plc goes back to 1961 when the original company was founded. It had been listed in Nigeria on 20 April 1979.
Nestle Nigeria Plc has its head offices at 22-24, Industrial Avenue, Llupeju, Nigeria.
Nestle Nigeria Plc has a staff complement of about …
The company renders its services in ….
The current managing director of Nestle Nigeria Plc is Wassim Elhusseini.
Nestle Nigeria Plc's equity stocks are for sale online on the Nigerian Stock Exchange (NGX) under the stock symbol NESTLE.
Nestle Nigeria Plc forms part of the Food Processing Industry and the Consumer Goods Sector of the Nigerian Stock Exchange (NGX).
How to buy Nestle Nigeria Plc stocks – Step by Step
The stock market is one of the most attractive financial markets that sees millions of retail investors and traders participating daily. To buy, sell or trade Nestle Nigeria Plc stocks on the Nigerian Stock Exchange (NGX), traders and investors can follow a few simple steps:
- Find the share that you want to buy, in this case, “NESTLE”.
- Select a forex broker that offers access to the Nigerian Stock Exchange (NGX).
- Review the broker's trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading plan.
- Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
- Once your account has been activated, you are ready to make your first share purchase through the broker.
- From here you can start to build and diversify your portfolio by buying more shares.
Nestle Nigeria Plc Stock Performance – A look Back
The current price for Nestle Nigeria Plc stocks on the Nigerian Stock Exchange (NGX) is 1,395.00 Nigerian Naira (NGN).
An analysis of financial data of Nestle Nigeria Plc showed that the company has a total market capitalisation of 1.11Trillion NGN, with a Price/Earning ratio of 33.77 and earnings per share of 41.31 NGN.
With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell Nestle Nigeria Plc stocks can look forward to more profitable dividends and earnings in times to come.
According to an analysis on the live chart of Nestle Nigeria Plc, analysts forecast further improved performance for the Consumer Goods sector with market share growing as trading volumes increase.
Highlights of Nestle Nigeria Plc in 2021
Nestle Nigeria Plc started the current financial year (2021) with a share price of 1,505.00 Nigerian Naira (NGN) on the Nigerian Stock Exchange (NGX), and it has lost 7.31 % in value on its price valuation, ranking 118th on the NGX with its year-to-date performance.
Nestle Nigeria Plc is currently the 76th most-traded stock on the NGX and it has experienced a total trading volume of more than 15.6 million shares, which were finalised in 2,219 deals and were valued at a total of 21.7 billion Nigerian Naira (NGN) over the recent three month period from September to December 2021, with an average of 246,901 shares in each trading session.
During the same period a volume high of 4.05 million was achieved on November 16 and a low of 191 on September 21.
