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4-Traders Homepage  >  Equities  >  NIGERIAN STOCK EXCHANGE,THE  >  Cadbury Nigeria Plc    CADBURY   NGCADBURY001

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Cadbury Nigeria : HKI Train Stakeholders in Healthy Lifestyle Project

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05/17/2018 | 06:49am CEST

Jonathan Eze

Cadbury Nigeria Plc has announced that it has commenced training of stakeholders that will drive its ongoing community partnership project, which seeks to promote healthy lifestyle among Nigerian children and adults, in collaboration with Helen Keller International (HKI).

In a statement, the Director, Corporate and Government Affairs, Cadbury West Africa, Bala Yesufu, said “our partner, Helen Keller International, has so far trained 130 participants that cut across nutritionists, agriculturists and teachers in Lagos State, on the mechanics of the programme.

“The training is in phases and we will eventually teach nearly 6,000 children and families in nine schools in Lagos, the importance of proper nutrition, physical activity and gardening through in-school and after-school activities. We are embarking on this project in Nigeria to inculcate healthy habits in children from an early age. We are happy to partner with HKI in this initiative that will help improve the well-being of Nigerians.”

At the launch of the programme in Lagos on 11th April, 2018, Yesufu described the event as a milestone for Cadbury Nigeria because it is the first-ever Mondelez International Foundation-funded effort in the country, while noting that it would further complement the company’s existing corporate social responsibility (CSR) initiatives.

Cadbury Nigeria joined nine other countries in the Mondelez International family in the initiative that involves a $50 million multi-year commitment to promote healthy lifestyles and address obesity.

Speaking in the same vein, the State Lead, Healthy Lifestyle Project, Helen Keller International, Olukemi Adeyanju said “when it comes to preventing malnutrition, we are not afraid to get our hands dirty. We are doing this in Lagos State through the Healthy Lifestyle Project in public primary schools to provide nutrition education, physical exercise through active play, and cultivate gardens for a quality diverse diet.”

(c) 2018 THISDAY NEWSPAPERS LTD. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ( NGN)
Sales 2018 34 363 M
EBIT 2018 2 343 M
Net income 2018 443 M
Debt 2018 -
Yield 2018 1,54%
P/E ratio 2018 54,17
P/E ratio 2019 26,00
Capi. / Sales 2018 0,73x
Capi. / Sales 2019 0,69x
Capitalization 25 108 M
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 4
Average target price 11,3  NGN
Spread / Average Target -13%
EPS Revisions
Managers
NameTitle
Muhammad Amir Shamsi Managing Director & Director
Atedo Nari Atowari Peterside Non-Executive Chairman
Atif Meraj Director-Operations & Category Planning
Oyeyimike Adeboye Executive Director, Director-Finance & Strategy
Ibukun Abiodun Awosika Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
CADBURY NIGERIA PLC70
NESTLÉ-8.19%240 797
THE KRAFT HEINZ COMPANY-26.97%70 785
MONDELEZ INTERNATIONAL-7.66%58 295
DANONE-7.25%51 531
ASSOCIATED BRITISH FOODS-2.48%29 114