Nestle Nigeria grows revenue by 43% to N183.5bn in Q1’24

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A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc

Nestle Nigeria Plc has posted a 43.4 percent Year-on-Year increase in its revenue for the first quarter ended March 31, 2024 .

Commenting on the results, Mr. Wassim Elhusseini, the CEO/MD of Nestlé Nigeria Plc said, “Our first quarter sales reflect a positive growth momentum despite a challenging business environment. The broad-based growth across our portfolio is a testimony to the resilience, adaptability, and commitment that are embedded in our business.

 

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