Flour Mills Of Nigeria traded at 81.80 this Friday January 3rd. Looking back, over the last four weeks, Flour Mills Of Nigeria lost 0.37 percent. Over the last 12 months, its price rose by 147.13 percent. Looking ahead, we forecast Flour Mills Of Nigeria to be priced at 80.30 by the end of this quarter and at 75.97 in one year, according to Trading Economics global macro models projections and analysts expectations.
Flour Mills of Nigeria Plc is engaged in flour milling; production of pasta, noodles, edible oil and refined sugar; production of livestock feeds; farming and other agro-allied activities; distribution and sale of fertilizer; manufacturing and marketing of laminated woven polypropylene sacks and flexible packaging materials; operation of terminals A and B at the Apapa port, and customs clearing, forwarding and shipping agents and logistics. Its segments are Food, which mills and sells flour and rice, and produces and sells pasta, snacks, sugar and noodles; Agro Allied, which farms maize, cassava, soya, sugar cane and oil palm, and produces and sells fertilizers, edible oils and livestock feeds; Packaging, which manufactures and markets laminated woven polypropylene sacks and packing materials; Port operations and logistics, which includes port terminal operations, customs clearing and forwarding, shipping and haulage services, and Real estate, which leases investment property.