Investor Presentaiton
Key Messages Q2'24
Execution of our resilient strategy continues to yield growth in revenue, profits and cash results in a challenging operating
environment
FMN
Food and Agro-Allied Group
Q2'24 Revenue
Q2'24 Gross Profit
1 Maintained strong revenue growth across major segments
2
Persistent strong Gross Profit and Operating Profit Growth
#508.3bn
#55.2bn
+33% (1
+53% (T
3
Q2'24 PBT
Q2'24 Cash
5
FMN is back to profitability with a solid profit in Q2 despite a
volatile environment, proving the strength of the business model
Sustained strong cash generation
Credit ratings of "A-" and "A" have been reaffirmed by rating
agencies Agusto and DataPro respectively
#1.2bn
+14% (↑
#214.2bn
+262% (1
6
FMN is getting ready for the future the setting up of a separate
Power Company and other optimizations in the pipeline
FLOUR MILLS OF NIGERIA PLC | INVESTOR PRESENTATION H1'24
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