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Maintaining its strong start of the 2025 fiscal year, Flour Mill Nigeria Plc (“the Group”) reported a robust revenue and marked improvement in its net profit position in its Q2 2025 financial results.
Revenue grew by 84% to N934.29 billion (Q2 2024: N508.27 billion), underpinned by growth across all its business segment. We opine that this broad-based growth resulted from sustained volume growth and price adjustments which were crucial given the impact of inflationary pressures on input cost.
Corporate Action
On Monday, December 16, 2024, the Nigerian Exchange Limited announced that trading in the shares of Flour Mills of Nigeria Plc has been suspended to facilitate the delisting of the Group’s securities in line with the approval granted by the NGX.
Please follow the link “Flour Mills of Nigeria Q2 2025 – Corporate Restructuring Underway” to view the whole report.
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