NESTLE Declares N12.85bn PAT in Q1 2019 Results,(SP:1520.00k)

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Tuesday, April 30 2019   /  05:27PM / NSE


Today, Nestle Plc released its unaudited first quarter results for the period ended March 31, 2019.

 

Key Highlights

Revenue grew by +5.19% to N70.97bln from N67.46bln in the previous quarter.

PBT grew by 40.18% to N19.12bln

PAT further grew impressively by 49.27% to N12.85bln

Net Assets therefore grew by 25.36% to N62.96bln from N50.22bln as at 31st December, 2018.


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