{"id":2519,"date":"2024-03-21T13:57:46","date_gmt":"2024-03-21T13:57:46","guid":{"rendered":"https:\/\/vetivaresearch.com\/?p=2519"},"modified":"2024-10-17T13:58:19","modified_gmt":"2024-10-17T12:58:19","slug":"nestle-nigeria-plc-naira-volatility-upturns-operational-profits","status":"publish","type":"post","link":"https:\/\/vetivaresearch.com\/?p=2519","title":{"rendered":"NESTLE NIGERIA PLC FY&#8217;23 Earnings Release &#8211; Naira volatility upturns operational profits"},"content":{"rendered":"<p>Analyst: Oluebube Nwosu* o.nwosu@vetiva.com Target price: \u20a61006.52 Rating: HOLD TL;DR Q4 revenue jumped 33% y\/y to \u20a6150.5 billion. Net finance expenses surged 8x in Q4&#8217;23, reaching \u20a679.6 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&#8217;23, achieving a substantial&#8230; <\/p>\n<div class=\"pmpro_content_message\">For standard subscribers only.<br \/><a href=\"https:\/\/vetivaresearch.com\/?page_id=135\">Login<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Analyst: Oluebube Nwosu* o.nwosu@vetiva.com Target price: \u20a61006.52 Rating: HOLD TL;DR Q4 revenue jumped 33% y\/y to \u20a6150.5 billion. Net finance expenses surged 8x in Q4&#8217;23, reaching \u20a679.6 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&#8217;23, achieving a substantial... <\/p>\n<div class=\"pmpro_content_message\">For standard subscribers only.<br \/><a href=\"https:\/\/vetivaresearch.com\/?page_id=135\">Login<\/a><\/div>","protected":false},"author":7,"featured_media":3652,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":0,"footnotes":""},"categories":[10],"tags":[],"class_list":["post-2519","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-consumer-goods","pmpro-level-required","pmpro-level-1","pmpro-no-access"],"_links":{"self":[{"href":"https:\/\/vetivaresearch.com\/index.php?rest_route=\/wp\/v2\/posts\/2519","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vetivaresearch.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vetivaresearch.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vetivaresearch.com\/index.php?rest_route=\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/vetivaresearch.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2519"}],"version-history":[{"count":9,"href":"https:\/\/vetivaresearch.com\/index.php?rest_route=\/wp\/v2\/posts\/2519\/revisions"}],"predecessor-version":[{"id":2604,"href":"https:\/\/vetivaresearch.com\/index.php?rest_route=\/wp\/v2\/posts\/2519\/revisions\/2604"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vetivaresearch.com\/index.php?rest_route=\/wp\/v2\/media\/3652"}],"wp:attachment":[{"href":"https:\/\/vetivaresearch.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2519"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vetivaresearch.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2519"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vetivaresearch.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2519"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}