Flour Mills of Nigeria PLC

FLOURMILL

NGFLOURMILL0

Food Processing

End-of-day quote Nigerian S.E. Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
30.5 ^NGN	0.00%		0.00%	-7.72%

Mar. 08	Japan to trim domestic wheat prices by 0.6% from April	RE
Feb. 02	Kovilpatti Lakshmi Roller Flour Gets Board Nod to Acquire Land in Pondicherry, India	MT

FLOUR MILLS OF NIGERIA : NOTICES OF BOARD MEETING (BM) - NOTICE

July 26, 2023 at 12:36 pm EDT

FLOUR MILLS OF NIGERIA PLC

NOTIFICATION OF BOARD MEETING

LAGOS, 26th July 2023: The Board of Flour Mills of Nigeria Plc. (The "Company") will meet in Lagos on Thursday, 3rd August 2023 to consider among other things the Company's Audited Accounts for the year ended 31st March 2023 as well as the Unaudited Management Accounts for the 1st Quarter ended 30th June 2023.

Please note that the Company's closed period which commenced on 1st April 2023 shall continue until the Accounts have been released by the NGX to the public and published accordingly.

BY ORDER OF THE BOARD

UMOLU, JOSEPH A.O.

Company Secretary

FRC/2013/NBA/00000003687

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Flour Mills of Nigeria plc published this content on 26 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 July 2023 16:35:24 UTC.

Latest news about Flour Mills of Nigeria PLC

Japan to trim domestic wheat prices by 0.6% from April	Mar. 08	RE
Kovilpatti Lakshmi Roller Flour Gets Board Nod to Acquire Land in Pondicherry, India	Feb. 02	MT
Flour Mills of Nigeria PLC Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	Jan. 28	CI
India's wheat stocks hit 7-year low as govt sells more to calm prices	Dec. 08	RE
Kovilpatti Lakshmi Roller Flour Mills Declares Dividend for Fiscal 2024	Nov. 23	MT
Flour Mills of Nigeria PLC Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	23-10-27	CI
Flour Mills of Nigeria PLC Reports Earnings Results for the Full Year Ended March 31, 2023	23-08-29	CI
Flour Mills of Nigeria PLC Reports Earnings Results for the First Quarter Ended June 30, 2023	23-08-29	CI
Flour Mills of Nigeria PLC Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022	23-01-30	CI
Flour Mills of Nigeria PLC Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022	22-10-27	CI
Flour Mills of Nigeria PLC Reports Earnings Results for the First Quarter Ended June 30, 2022	22-08-13	CI
Flour Mills of Nigeria PLC Reports Earnings Results for the First Quarter Ended June 30, 2022	22-08-13	CI
Flour Mills of Nigeria PLC Reports Earnings Results for the Full Year Ended March 31, 2022	22-05-30	CI
Flour Mills of Nigeria PLC completed the acquisition of 71.69% stake in Honeywell Flour Mills Plc from Honeywell Group for an enterprise value of NGN 80 billion.	22-04-28	CI
Flour Mills of Nigeria PLC Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2021	22-01-28	CI
Flour Mills of Nigeria PLC signed an agreement to acquire 71.69% stake in Honeywell Flour Mills Plc from Honeywell Group for an enterprise value of NGN 80 billion.	21-11-21	CI
Flour Mills of Nigeria PLC Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2021	21-10-29	CI
Flour Mills of Nigeria plc Reports Earnings Results for the Full Year Ended March 31, 2021	21-06-29	CI
Flour Mills of Nigeria plc Reports Earnings Results for the Third Quarter Ended December 31, 2020	21-01-26	CI
AgBiTech and GAIL enter distribution agreement for Fawligen biological control for Fall Armyworm in Nigeria	21-01-08	CI
Flour Mills of Nigeria plc Announces Omoboyede Olusanya as New Group Managing Director and Chief Executive Officer, Effective January 1, 2021	20-12-07	CI
Flour Mills of Nigeria plc Reports Earnings Results for the Second Quarter Ended September 30, 2020	20-10-26	CI
Flour Mills of Nigeria plc Reports Earnings Results for the Full Year Ended March 31, 2020	20-08-03	CI
Flour Mills of Nigeria plc Reports Earnings Results for the Third Quarter Ended December 31, 2019	20-01-30	CI
Flour Mills of Nigeria plc Reports Earnings Results for the Second Quarter Ended September 30, 2019	19-10-30	CI

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Company Profile

Flour Mills of Nigeria is a diversified group organized around 5 areas of activity: - manufacturing and distribution of food products (65% of net sales): flour, bakery products, pasta, noodles, semolina, biscuits, etc.; - manufacturing and sale of fertilizers and animal feed products (18.4%); - production and distribution of sucre (13.5%); - manufacturing of packaging products (3.1%).

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Food Processing

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Buy

Mean consensus

HOLD

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Last Close Price

30.5 NGN

Average target price

41.24 NGN

Spread / Average Target

+35.21%

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Sector Other Food Processing

	1st Jan change	Capi.
FLOUR MILLS OF NIGERIA PLC	-7.72%	94.04M
NESTLÉ S.A.	-5.57%	266B
MONDELEZ INTERNATIONAL, INC.	-1.10%	94.98B
KRAFT HEINZ	+4.14%	46.39B
GENERAL MILLS, INC.	+7.64%	39.99B
DANONE	-0.03%	39.95B
THE HERSHEY COMPANY	+2.05%	38.02B
ARCHER-DANIELS-MIDLAND COMPANY	-16.08%	30.16B
NESTLÉ INDIA LIMITED	-5.60%	28.72B
ASSOCIATED BRITISH FOODS PLC	+12.13%	24.54B

Other Food Processing

Flour Mills of Nigeria PLC

Equities

FLOURMILL

NGFLOURMILL0

Food Processing

FLOUR MILLS OF NIGERIA : NOTICES OF BOARD MEETING (BM) - NOTICE

Latest news about Flour Mills of Nigeria PLC

Chart Flour Mills of Nigeria PLC

Company Profile

Income Statement Evolution

Analysts' Consensus

EPS Revisions

Annual profits - Rate of surprise

Sector Other Food Processing