Posts

Showing posts from March, 2016

NESTLE PLC: DIVIDEND EQUALISATION HOLDS PRICE

Image
Nestle Nigeria Plc's consistency and in compliance with best international practice, good track record of continuous improvement of  its earnings power by expanding and breaking into new markets within and outside the shores of Nigeria with products innovation added to effective cost management, all of which have supported performance.  The nature of the company's products reflected on it top line in the year ended December 31, 2015, despite the falling purchasing power of many Nigerians.Its array of nutritional products that  target a wide range of the market from infancy to adulthood. This product lines had over the years ensured the company posted positive figures of which  2015 was not exceptional with the marginal growth.The company's full year financial scorecard is the basis for valuation in the market, compared to the2014 numbers which reveal that the market price dropped by 17.48 percent to N680 per unit from N824.01 in 2014. This market pr...