Investor News
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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