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Honeywell Flour Mills Plc (Nigeria)

Main Activities: Other Animal Food Manufacturing | Flour Milling
Full name: Honeywell Flour Mills Plc Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Honeywell Flour Mills Plc is a company located in Ibadan, Nigeria. It was initially registered as Gateway Honeywell Flour Mills Limited on June 21, 1983, and later changed its name to Honeywell Flour Mills Limited in June 1995 due to a change in ownership structure. In 2008, the company became a Public Liability Company and its shares were listed on the Nigerian Exchange Limited (NGX) in 2009. As part of its vertical integration strategy, Honeywell Flour Mills Plc acquired 100% ownership of Honeywell Superfine Foods Limited, a manufacturer of pasta and noodles, in 2008. The company is primarily involved in the manufacturing and marketing of wheat-based products, including flour, semolina, whole wheat meal, noodles, and pasta.

Legal Address
Sw8/1185 Sanda Street, Molete
Ibadan; Oyo;

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Website: http://www.honeywellflour.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1983
Key Executives
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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
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Director / Member of the Management Board
Ownership Details
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48.45%
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29.3%
Subsidiaries
Honeywell Superfine Foods Limited (South Africa)
100%
Company Performance
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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
9.31%
Total operating revenue
8.87%
Operating profit (EBIT)
1654.59%
EBITDA
340.09%
Net Profit (Loss) for the Period
12.15%
Total assets
-24.75%
Total equity
-48.29%
Operating Profit Margin (ROS)
14.87%
Net Profit Margin
1.82%
Return on Equity (ROE)
-15.99%
Debt to Equity Ratio
87.81%
Quick Ratio
-0.41%
Cash Ratio
0.01%

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