Investor Presentaiton
Segment Performance
Enhanced revenue performance across most segments. Well diversified business portfolio
SEGMENT REVENUE (N'bn)
FMN
Food and Agro-Allied Group
SEGMENT PROFIT BEFORE TAX (N'bn)
H1'24
H1'23 % Chg
Q2'24 Q2'23 % Chg
H1'24 H1'23 % Chg
Q2'24 Q2'23
% Chg
Food
Agro-Allied
653.5 445.7
47
349.8 232.5
50
Food
(13.8)
0.1 (12,368)
(2.4) (4.5)
(47)
143.2
153.9
(7)
63.4 88.2
(28)
Agro-Allied
7.8
7.5
4
3.2
5.3 (39)
Sugar
149.2 104.7
43
82.7
49.6
67
Sugar
0.8
1.9
(58) 1.1
0.2
368
Support
18.7
16.3
15
12.4 10.6
17
Support
(2.9)
(1.1)
(153)
(0.7)
0.0
(3,467)
Total
964.6
720.6
34 508.3 381.0
33
Total
(8.1)
8.4
(197)
1.2
1.1
14
Segment Revenue Contribution
68%
Food
15%
Agro
15%
Sugar
2%
Support
Segment Profit Before Tax Contribution
170.0%
FLOUR MILLS OF NIGERIA PLC | INVESTOR PRESENTATION H1'24
-95.7%
-9.8%
35.6%View entire presentation