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Forecast Q1 2012

Financial Forecast of Nestlé Nigeria PLC for Quarter 1 2012:

Forecast 
Q1 2012

Actuals
Q2011

Change
2011 to 2012

(Mio NGN)

(Mio NGN)

in %

Turnover

22,700

20,502

+11%

Profit before taxation

3,600

3,100

+16%

Taxation

824

884

-7%

Profit after taxation

2,776

2,217

+25%

 

Disclaimer: The following forecast contains forward looking statements which reflect Management’s current views and estimates. The forward looking statements involve certain risks and uncertainties that could cause actual results to differ materially from those contained in the forward looking statements. Potential risks and uncertainties include such factors as general economic conditions, foreign exchange fluctuations, competitive product and pricing pressures and regulatory developments.