Earnings Update | FLOURMILL | 2020FY & Q1:2021

Flour Mill of Nigeria Plc. (FLOURMILL) consolidated on its impressive Q3:2020 performance in Q4:2020 to finish the 2020FY (full-year is March) on a strong footing. In Q4:2020 standalone (which is typically the slowest sales period, based on trends established since 2015), the company recorded an 18.56% upturn in sales to NGN150.30bn, bringing overall revenue for the year to NGN573.77bn (up by 8.79% from 2019FY).

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Earnings Update- FLOURMILL 2020FY & Q1-2021


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