McNichols Plc
NNSENG:MCNICHOLS5.20
NGN
0.00
(0.00%)
ISIN
NGMCNICHOLS7
Return %
Stock
S&P 500
1Y
128.74
14.20
3Y
1,117.48
81.12
5Y
2,277.74
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Chimaraoke Ekpe
- Full Time Employees
- 67
- Sector
- Process industries
- Industry
- Agricultural commodities/Milling
- Address
- Lagos Nigeria
- Website
- mcnicholsplc.ng
- Similar Companies
- Business
- McNichols Consolidated Plc is a Nigeria-based fast-moving consumer goods manufacturing and packaging company engaged in the processing, refining, repacking, and nationwide distribution of food and beverage products. Founded in 2004 and headquartered in Lagos, Nigeria, the company operates within the consumer staples sector, catering to retail households, food service providers, and institutional buyers across Nigeria. McNichols Consolidated Plc organizes its commercial portfolio into distinct food and beverage categories, offering: fortified granulated white sugar, brown sugar, icing sugar, and cube sugar marketed under the Family and Choice brands; fortified custard powders available in vanilla, banana, strawberry, and milk variants under the Family Custard brand; chocolate-flavored powdered beverages, cocoa malt blends, and milk drinks under the Family Choco and Mixwell brands; edible starch derivatives, baking ingredients, culinary seasonings, and refined table salt; as well as breakfast cereals and packaged grains. In addition to branded consumer goods, the company provides contract packaging, blending, and private-label manufacturing services for third-party commercial clients. Geographically, the company operates primary production and warehousing facilities in South-West Nigeria and supplies its products nationwide through an extensive distribution network of regional wholesalers, retail chains, and open-market distributors. In recent developments, McNichols Consolidated Plc has executed capital optimization and capacity expansion initiatives across its automated packaging and processing lines to enhance operational efficiency and unit output. To mitigate foreign exchange volatility and global supply chain disruptions, the company has implemented backward integration strategies focused on local agricultural sourcing for starches and agro-allied raw materials, while launching economical, smaller sachet pack formats to address price-sensitive mass-market consumer demand and expanding its distribution footprint in key regional growth corridors.