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    NESTLE   NGNESTLE0006

NESTL╔ NIGERIA PLC

(NESTLE)
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Business Summary
Nestle Nigeria Plc is a food manufacturing and marketing company. The Company is engaged in manufacturing, marketing and distribution of food products, including purified water throughout the country. It operates through two segments: Food and Beverages. The Food segment includes production and sale of Maggi, Cerelac, Nutrend, Nan, Lactogen and Golden Morn. The Beverages segment includes production and sale of Milo, Chocomilo, Nido, Nescafe and Nestle Pure Life. It manufactures and markets a range of brands, which include Infant Formula-Nestle NAN, Infant cereals-Nestle NUTREND, Nestle CERELAC, Family cereals-Nestle GOLDEN MORN, Confectionery-Nestle CHOCOMILO, Bouillon-MAGGI Cube, MAGGI Mix'py and Table Water-Nestle PURE LIFE. Its products include MAGGI Star Cube, MAGGI Crayfish, MAGGI Chicken, Ginger & Garlic, Golden Beef and Classic. It promotes food cultures through MAGGI Star Cook participatory cookery program in neighborhoods, and MAGGI Women Forum, a home management program.

Number of employees : 2 239 people.
Sales per Business
20192020Delta
Food176 087.0062%171 731.0059.8% -2.47%
Beverage107 948.0038%115 353.0040.2% +6.86%
NGN in Million
Sales per region
20192020Delta
Nigeria279 052.0098.2%282 677.0098.5% +1.3%
Burkina Faso2 942.871%2 056.880.7% -30.11%
Ghana1 989.480.7%1 899.580.7% -4.52%
Other Countries50.820%450.840.2% +787.16%
NGN in Million
Managers
Name Title Age Since
Wassim Elhusseini Chief Executive Officer, MD & Director - 2020
Jagdish Kumar Singla Director, Director-Finance & Control - 2018
Ricardo Chavez Non-Executive Director, Head-Finance & Control - 2017
Jean-Pierre Dawance Head-Technical - -
Gbenga A. Oyebode Independent Non-Executive Director 62 2014
Juliet Ehimuan Independent Non-Executive Director - 2020
Adebisi Lamikanra Independent Non-Executive Director - 2021
Victoria Uwadoka Manager-Communications & Public Affairs - -
Bode B. Ayeku Secretary - 2012
Mohamed Komara General Counsel - -
Members of the board
Name Title Age Since
David Ifezulike Chairman 74 -
Gbenga A. Oyebode Independent Non-Executive Director 62 2014
Mauricio Alarcˇn Non-Executive Director - 2020
Jagdish Kumar Singla Director, Director-Finance & Control - 2018
Ricardo Chavez Non-Executive Director, Head-Finance & Control - 2017
Juliet Ehimuan Independent Non-Executive Director - 2020
Wassim Elhusseini Chief Executive Officer, MD & Director - 2020
Ibukun-Olu Ipinmoye Executive Director - 2021
Adebisi Lamikanra Independent Non-Executive Director - 2021
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 792,656,252 265,516,881 33.5% 0 0.0% 33.5%
Shareholders
NameEquities%
NestlÚ S.A. 527,080,970 66.5%
APG Asset Management NV 5,183,950 0.65%
William Blair Investment Management LLC 2,877,352 0.36%
Norges Bank Investment Management 2,042,524 0.26%
FIL Investment Advisors (UK) Ltd. 1,883,336 0.24%
Fundsmith LLP 1,856,595 0.23%
T. Rowe Price Associates, Inc. (Investment Management) 1,657,881 0.21%
BlackRock Fund Advisors 1,581,044 0.20%
Harding Loevner LP 1,399,612 0.18%
Morgan Stanley Investment Management, Inc. 1,294,100 0.16%
Markets and indexes
- Main Board
- NGX 30 / NGX All Share Index
Stock Exchange Codes
- Bloomberg Code :  NESTLE:NL
- Reuters Code :  NESTLE.LG
- Datastream Code :  
Company contact information
NestlÚ Nigeria Plc
22-24 Industrial Avenue
PMB 21164
NG- Lagos

Phone : +234 (0)1 2798184
Fax :
web site : http://www.nestle-cwa.com/en
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