Company Intelligence Terminal · Agriculture · Crop Production
PRESCO · Presco Plc
Presco Plc
PRESCONGXEquity · Ordinary SharesAgricultureCrop Production
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 JunPresco Plc signs MoU with CBN on FX repatriation framework
- neutralNGX Wire· 07 JunPRESCO crosses key technical level on rising volume
- negativeProshare Research· 04 JunAnalysts trim PRESCO FY26 EPS estimate by 4% on margin pressure
- positiveBusinessDay· 01 JunPresco Plc expands Edo operations with NGN 7.9bn capex