FLOURMILL | Flour Mills of Nigeria Company Update : Lagged impact of commodity pressures may subsist

    FLOURMILL's Q1'22/23 results revealed continued top-line growth momentum across all its segments (with the inclusion of Honeywell Flour), driven by stronger B2B and B2C strategies.

    We highlight the key drivers of Q1'22/23 performance across the different segments as well as our expectations for the same going forward:

     

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    CardinalStone is a full service investment banking firm with a vision to build a world class investment banking firm of African origin; operating out of Lagos, Nigeria. The firm was incorporated in April 2008 and began operations in June 2008. CardinalStone is duly registered with the Securities & Exchange Commission in Nigeria to carry on business as an Issuing House, Fund Manager and Broker/Dealer The Firm's activities are carried out across five business units: Asset Management, Investment Banking, Private Equity, Securities Trading and the Business Support Group.
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