Nestle: Volume growth to drive profitability in 2019

Nestle: Volume growth to drive profitability in 2019

  Nestlé Nigeria reported substantial moderation in revenue growth in full year 2018 (+9.1 percent year on year to N266.28bn) compared to the 34.2 percent year on year surge posted in full year 2017. This temperance in revenue growth reflects tame price and volume increases in the review period. Whilst the company successfully raised average…

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