Investor News
Honeywell Flour Records N1.8bn Profit in Six Months
November 17, 2012
Honeywell Flour Mills Plc last week reported a profit growth of 36 per cent for the half year ended June 30, 2012; thereby raising investors’ hope for a higher dividend at the end of its current financial year ending March, 2013. In its unaudited result made available to Nigerian Stock Exchange (NSE), the company, one [...]
[Read more »]Honeywell Flour maintains growth in FY 2012. Turnover hits N38 Billion
July 15, 2012
Honeywell Flour Mills Plc., Nigeria’s premier producer of wheat based products, recently released its audited annual financial results for the year ended March 31st 2012 to the Nigerian Stock Exchange (NSE). Turnover, represented by revenue from sales of products grew 12 per cent from N34 billion in the 2011 financial year to N38 billion in [...]
[Read more »]Honeywell Flour Mills MD, Folaranmi Odunayo discusses company’s annual results on ABN Digital
July 4, 2012
Managing Director of Honeywell Flour Mills Plc, Folaranmi Babatunde Odunayo spoke with Wole Famurewa of ABN Digital to analyse the company’s results that were released early July 2012.
[Read more »]Honeywell Flour records earnings increase
August 26, 2011
Honeywell Flour Mills Plc. (HFMP) has released its first quarter un-audited results for the period ended June 2011. The foremost flour miller experienced a challenging first quarter, characterised by rising global prices of agricultural commodities; increasing freight and energy costs; and naira depreciation. Despite the tough operating environment, revenue for the quarter was up 2% [...]
[Read more »]MD/CEO of Honeywell Flour Mills on CNBC Africa
August 11, 2011
Honeywell Flour mills Nigeria’s first quarter turnover increased by just over 2 percent to 9.3 billion naira while profit before tax decreased by 82 percent to 162 billion naira. ABN’s Wole Famurewa discusses the results with the company MD, Folaranmi Babatunde Odunayo
[Read more »]Honeywell Flour Mills Grows Profit by 112%
July 10, 2011
Honeywell Flour Mills Plc, a member of the Honeywell Group has released its audited financial results for the year ended 31st March 2011 showing a 112 percent growth in profit after taxation to N2.5 billion, from N1.2 billion for the previous financial period. Though the company’s sales witnessed a marginal two percent growth from N33.5 [...]
[Read more »]Honeywell Flour unveils ₦18.64 billion IPO
August 16, 2008
The board, management and professional advisers of Honeywell Flour Mills at the mid-week appended their signatures to documents necessary for the opening of its initial public offering (IPO) scheduled for between December 3 and 31, 2008. A total of N18.64 billion is to be raised from the capital market through an offer for subscription of [...]
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