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Company Intelligence Terminal · Agriculture · Crop Production

PRESCO · Presco Plc

Presco Plc

PRESCO
NGXEquity · Ordinary SharesAgricultureCrop Production
395.00NGN+1.18%
Market cap ₦395.00B · as of 17 Jun 2026, 10:15
Ask about PRESCO
Current price
395.00NGN
Open
391.44
Previous close
390.39
Today's range
390.83 – 399.55
52-week high
412.25
52-week low
365.59
Deals
696
Volume
4.3M
Value traded
₦1.7B
Market cap
₦395.00B
YTD performance
+1.18%

Company profile

Presco Plc is a leading agriculture operator in Nigeria, with operations spanning multiple states and a track record across investment cycles.

CEO
Felix Nwabuko
HQ
Edo
Founded
1991
Employees
1,700
Sector
Agriculture
Sub-sector
Crop Production
Ticker
PRESCO
Website
presco.ng
Beta
0.82
AI-generated summary

Presco Plc (PRESCO) operates in Nigeria's agriculture value chain with an estimated FY2024 revenue of ₦322bn and PAT of ₦29bn. Headline ROE is 7.5% and leverage sits at 0.50x debt-to-equity, mapping to a composite risk score of 30/100 (Moderate).

Bull case
  • Scale leadership within its agriculture sub-sector with durable distribution moat.
  • Resilient ROE supports re-rating if rates ease in H2.
  • Attractive dividend yield 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 Edo corridor.
  • Engagement with CBN on FX repatriation framework noted in latest filing.

Recent news

  • positiveProshare Markets· 09 Jun
    Presco Plc signs MoU with CBN on FX repatriation framework
  • neutralNGX Wire· 07 Jun
    PRESCO crosses key technical level on rising volume
  • negativeProshare Research· 04 Jun
    Analysts trim PRESCO FY26 EPS estimate by 4% on margin pressure
  • positiveBusinessDay· 01 Jun
    Presco Plc expands Edo operations with NGN 7.9bn capex