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Flour Mills Of Nigeria Plc (Nigeria)

Main Activities: Other Animal Food Manufacturing | Flour Milling | Dry Pasta, Dough, and Flour Mixes Manufacturing from Purchased Flour
Full name: Flour Mills Of Nigeria Plc Profile Updated: November 01, 2020
Buy our report for this company USD 29.95 Most recent financial data: 2020 Available in: English Download a sample report

Flour Mills of Nigeria Plc (FMN) is one of the largest and most successful industrial conglomerates in Nigeria. The Company’s activities span flour milling, pasta manufacturing, port operations, cement trade & manufacturing, fertilizer blending, bags & other packaging materials manufacturing and agricultural business. Since its incorporation in 1960, FMN has not only survived all macroeconomic challenges but also grown into a market leader with popular and highly recognizable brands, an extensive distribution network, strong profit ability, healthy Balance Sheet and a highly skilled workforce. FMN has been listed on the Nigerian Stock Exchange since 1978. FMN group operates in Nigeria and the West African region.

Legal Address
1, Golden Penny Place,Wharf Road, Apapa
Lagos; Lagos;

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Website: http://www.fmnplc.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1960
Key Executives
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Chairman
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Vice Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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54.7%
Subsidiaries
Apapa Bulk Terminal Limited
100%
Crestview Towers Limited
100%
Golden Fertilizer Company Limited
100%
Company Performance
Financial values in the chart are available after Flour Mills Of Nigeria Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency NGN. Absolute financial data is included in the purchased report.
Net sales revenue
31.15%
Total operating revenue
32.13%
Operating profit (EBIT)
114.92%
EBITDA
82.33%
Net Profit (Loss) for the Period
68.44%
Total assets
27.77%
Total equity
5.3%
Operating Profit Margin (ROS)
4.02%
Net Profit Margin
0.62%
Return on Equity (ROE)
2.33%
Debt to Equity Ratio
11.05%
Quick Ratio
0.2%
Cash Ratio
0.24%

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