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Flour Mills Nigeria

Flour Mills: profit margin shrinks on high input cost, FX loss

Favour Ashinze Nov 21, 2022 0

Flour Mills Nigeria (FMN) in its half-year (H1) financial results for the period ended 30th September 2022 has reported its lowest profit margin in ten (10) years, on the back of rising…

Companies

Flour Mills pays N2.15 dividend following shareholders approval

Iheanyi Nwachukwu Sep 9, 2022 0

The Flour Mills of Nigeria (FMN) Plc, a food and agro-allied company, increased its revenue by 51 percent from N771.6 million in March 2021 to N1.2billion in March 2022, according to John…

Companies

Flour Mills to escrow N900m in acquisition of Honeywell

Iheanyi Nwachukwu Dec 13, 2021 0

Flour Mills Nigeria plc (FMN) will press ahead with its N80 billion acquisition of the flour mills unit of Honeywell Group Limited (HGL) and may escrow N900 million of the proceeds,…

Markets

Is Flour Mills deal to acquire Honeywell made in heaven?

Iheanyi Nwachukwu Dec 13, 2021 0

The expected combination of Flour Mills Nigeria (FMN) and the flour mills unit of Honeywell Flour Mills plc (HFMP) will form a formidable entity and an unassailable market leader in the…

Companies

Flour Mills commemorates N29.8bn bond listing with NSE digital closing gong ceremony

Anthony Nlebem Jan 22, 2021 16

Flour Mills Nigeria Plc last Thursday listed its tranche A and tranche B bonds on the floor of The Nigerian Stock Exchange (NSE). The listing was commemorated with a digital Closing Gong…

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