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Company Intelligence Terminal · Consumer Goods · Food & Beverage

NESTLE · Nestlé Nigeria Plc

Nestlé Nigeria Plc

NESTLE
NGXEquity · Ordinary SharesConsumer GoodsFood & Beverage
1180.00NGN-0.42%
Market cap ₦936.00B · as of 17 Jun 2026, 08:06
Ask about NESTLE
Current price
1180.00NGN
Open
1181.62
Previous close
1184.98
Today's range
1178.43 – 1183.08
52-week high
1358.32
52-week low
1116.31
Deals
156
Volume
5.3M
Value traded
₦6.2B
Market cap
₦936.00B
YTD performance
-0.42%

Company profile

Nestlé Nigeria Plc is a leading consumer & goods operator in Nigeria, with operations spanning multiple states and a track record across investment cycles.

CEO
Wassim El-Husseini
HQ
Lagos
Founded
1961
Employees
2,300
Sector
Consumer Goods
Sub-sector
Food & Beverage
Ticker
NESTLE
Website
nestle.ng
Beta
0.62
AI-generated summary

Nestlé Nigeria Plc (NESTLE) operates in Nigeria's consumer & goods value chain with an estimated FY2024 revenue of ₦758bn and PAT of ₦68bn. Headline ROE is 7.5% and leverage sits at 0.50x debt-to-equity, mapping to a composite risk score of 27/100 (Low).

Bull case
  • Scale leadership within its consumer & goods sub-sector with durable distribution moat.
  • Resilient ROE supports re-rating if rates ease in H2.
  • Capital-light reinvestment runway versus listed peers.
Bear case
  • FX volatility could compress imported-input margins.
  • Working-capital build-up in a 27.5% MPR environment.
  • Sector regulatory cadence could front-load compliance cost.

Key risks

  • Macro: persistent inflation > 25% pressuring real demand.
  • Sector-specific regulatory action and tariff resets.
  • Single-market concentration in Nigeria.

Recent developments

  • Board recommended final dividend at last AGM cycle.
  • Operational expansion announced in Lagos corridor.
  • Engagement with CBN on FX repatriation framework noted in latest filing.

Recent news

  • positiveProshare Markets· 09 Jun
    Nestlé Nigeria Plc signs MoU with CBN on FX repatriation framework
  • neutralNGX Wire· 07 Jun
    NESTLE crosses key technical level on rising volume
  • negativeProshare Research· 04 Jun
    Analysts trim NESTLE FY26 EPS estimate by 4% on margin pressure
  • positiveBusinessDay· 01 Jun
    Nestlé Nigeria Plc expands Lagos operations with NGN 18.7bn capex