Analyst: Oluebube Nwosu* o.nwosu@vetiva.com Target price: ₦1006.52 Rating: HOLD TL;DR Q4 revenue jumped 33% y/y to ₦150.5 billion. Net finance expenses surged 8x in Q4’23, reaching ₦79.6 billion. Given a mixed bag performance and outlook, we maintain a HOLD rating Price jump combats volume decline Nestle Nigeria showcased remarkable resilience in Q4’23, achieving a substantial…
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