Flour Mills of Nigeria PLC

FLOURMILL

NGFLOURMILL0

Food Processing

End-of-day quote Nigerian S.E. Other stock markets 03:30:00 31/05/2024 am IST			5-day change	1st Jan Change
38 ^NGN	-.--%		-.--%	+14.98%

20/05	Malayan Flour Mill's Attributable Profit Soars in Q1	MT
09/05	Saudi Arabia's Modern Mills for Food Products Posts Higher Q1 Profit, Revenue	MT

FLOUR MILLS OF NIGERIA : NOTIFICATION OF BOARD MEETING AND CLOSED PERIOD- Q3 2022

January 04, 2023 at 07:08 pm IST

FLOUR MILLS OF NIGERIA PLC- NIGERIAN EXCHANGE LIMITED

ANNOUNCEMENT

NOTIFICATION OF BOARD MEETING

LAGOS, 3rd January 2023: The Board of Flour Mills of Nigeria Plc. (The "Company") will meet in Lagos on Thursday, 26th January 2023, to consider among other things, the Company's Unaudited Accounts for the third quarter ended 31st December 2022 (third quarter results).

In view of the above and pursuant to Rule 17.18 (ii) Period of Closure rule of Nigerian Exchange Limited (NGX)'s Rule Book 2015 as Amended, the Company hereby commences a closed period in trading on its shares by all insider from Sunday, 1st January 2023 until twenty-four (24) hours after the third quarter results is published.

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 04 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 January 2023 13:37:08 UTC.

Latest news about Flour Mills of Nigeria PLC

Malayan Flour Mill's Attributable Profit Soars in Q1	20/05	MT
Saudi Arabia's Modern Mills for Food Products Posts Higher Q1 Profit, Revenue	09/05	MT
Japan to trim domestic wheat prices by 0.6% from April	08/03	RE
Kovilpatti Lakshmi Roller Flour Gets Board Nod to Acquire Land in Pondicherry, India	02/02	MT
Flour Mills of Nigeria PLC Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	29/01	CI
India's wheat stocks hit 7-year low as govt sells more to calm prices	08/12	RE
Kovilpatti Lakshmi Roller Flour Mills Declares Dividend for Fiscal 2024	23/11	MT
Flour Mills of Nigeria PLC Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	27/23/27	CI
Flour Mills of Nigeria PLC Reports Earnings Results for the Full Year Ended March 31, 2023	29/23/29	CI
Flour Mills of Nigeria PLC Reports Earnings Results for the First Quarter Ended June 30, 2023	29/23/29	CI
Flour Mills of Nigeria PLC Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022	31/23/31	CI
Flour Mills of Nigeria PLC Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022	28/22/28	CI
Flour Mills of Nigeria PLC Reports Earnings Results for the First Quarter Ended June 30, 2022	14/22/14	CI
Flour Mills of Nigeria PLC Reports Earnings Results for the First Quarter Ended June 30, 2022	14/22/14	CI
Flour Mills of Nigeria PLC Reports Earnings Results for the Full Year Ended March 31, 2022	31/22/31	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.	29/22/29	CI
Flour Mills of Nigeria PLC Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2021	28/22/28	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.	22/21/22	CI
Flour Mills of Nigeria PLC Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2021	30/21/30	CI
Flour Mills of Nigeria plc Reports Earnings Results for the Full Year Ended March 31, 2021	30/21/30	CI
Flour Mills of Nigeria plc Reports Earnings Results for the Third Quarter Ended December 31, 2020	26/21/26	CI
AgBiTech and GAIL enter distribution agreement for Fawligen biological control for Fall Armyworm in Nigeria	09/21/09	CI
Flour Mills of Nigeria plc Announces Omoboyede Olusanya as New Group Managing Director and Chief Executive Officer, Effective January 1, 2021	07/20/07	CI
Flour Mills of Nigeria plc Reports Earnings Results for the Second Quarter Ended September 30, 2020	27/20/27	CI
Flour Mills of Nigeria plc Reports Earnings Results for the Full Year Ended March 31, 2020	03/20/03	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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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

38 NGN

Average target price

41.24 NGN

Spread / Average Target

+8.53%

Consensus

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Company calendar

Sector Other Food Processing

	1st Jan change	Capi.
FLOUR MILLS OF NIGERIA PLC	+14.98%	12Cr
NESTLÉ S.A.	-2.00%	28TCr
MONDELEZ INTERNATIONAL, INC.	-5.38%	9.19TCr
KRAFT HEINZ	-4.35%	4.29TCr
DANONE	+0.75%	4.12TCr
THE HERSHEY COMPANY	+6.11%	4TCr
GENERAL MILLS, INC.	+5.54%	3.88TCr
ARCHER-DANIELS-MIDLAND COMPANY	-13.54%	3.09TCr
NESTLÉ INDIA LIMITED	-11.43%	2.72TCr
ASSOCIATED BRITISH FOODS PLC	+7.73%	2.42TCr

Other Food Processing

Flour Mills of Nigeria PLC

Equities

FLOURMILL

NGFLOURMILL0

Food Processing

FLOUR MILLS OF NIGERIA : NOTIFICATION OF BOARD MEETING AND CLOSED PERIOD- Q3 2022

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