NESTLE NIGERIA PLC.

FY 2017 Result - Financial Highlights (NGN Billion)

Statement of Comprehensive Income FY:2017 FY:2016 Y-o-Y Growth FY:2016
Gross Revenue 244.2 181.9 34.2% 181.9
Cost of Sales (143.3) (106.6) 34.4% (83.9)
Gross Profit 100.9 75.3 33.9% 98.0
OPEX (45.2) (37.1) 21.7% (37.1)
EBIT 55.7 38.2 45.8% 60.9
Net Finance (Cost)/Income (8.9) (16.7) -46.8% (16.7)
PBT 46.8 21.5 117.3% 21.5
Taxation (13.1) (13.6) -3.8% (13.6)
PAT 33.7 7.9 325.5% 7.9
Per share data NESTLE
Current Price 1400.00 Proposed Dividend NGN 27.50
Trailing EPS 42.55
BVPS 56.6 Dividend Yield 2.0%
Price multiples/Ratios
Shares Outstanding(bn) 0.8 Qualification Date
Trailing P/E 32.9x
P/BV 24.7x Closure Date
RoAE(Annualised) 89.0%
RoAA(Annualised) 21.3% Payment Date
Gross Profit Margin 41.3% 41.4%
Cost of Sales Margin 58.7% 58.6% AGM Venue
OPEX Margin 18.5% 20.4%
Net Margin 13.8% 4.4% AGM Date
Debt to Equity 53.9% 164.1%
Statement of Financial Position FY:2017 FY:2016 % Growth
Inventories 23.9 20.6 15.9%
Trade and Other Receivables 31.3 24.0 30.4%
Cash and Cash equivalents 15.1 51.4 -70.5%
Loans & Borrowings 24.2 50.7 -52.3%
Total Liabilities 101.9 138.7 -26.5%
Total Assets 146.8 169.6 -13.4%
Total Equity 44.9 30.9 45.3%