The new Managing Director of Nestle Nigeria Plc MD, Mr. Mauricio Alarcon has assured of the company’s continual focus on its vision of improving the quality of life of all consumers of its products, stakeholders and shareholders through sustainable production of healthy products and profitability to reward investors.
Mauricio who assumed office at the beginning of October said: “we are committed to improving the life of our consumers, employees and the communities in which we operate. We are also committed to produce healthier quality roducts. Most of our products today are fortified one way or the other. We have nutritionally superior products that are affordable and available to Nigerians.
He gave this assurance at the floor of Nigerian Stock Exchange, NSE, on Monday, where he in the company of the Nestle Nigeria management board went to sound the exchange’s closing gongl for the day.
The visit by the company’s management team coincided with the release of its third quarter 2017 result, which showed sound growth in key performance measuring indices.
In a related development, the company’s result for Q3 2017 was released by the NSE on Monday and showed that Q3 sales and PBT grew by 29 per cent y/y; and 117 per cent y/y to N63.3billion and N10.0bn, respectively.