MCNICHOLS PLC (MCNICHOLS)

McNichols PLC – Company Overview

McNichols PLC

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About the Company

McNichols PLC, established in 2004, is a Nigerian fast-moving consumer goods (FMCG) company specializing in the production, packaging, and distribution of food and beverage products. The company’s product portfolio includes cocoa-based beverages, custard powders, sugar, pancake mixes, milk, and bitterleaf tea. With a commitment to quality and safety, McNichols aims to enrich lives through innovation, teamwork, and trust.

Leadership Team

  • Chimaraoke Ekpe – Chief Executive Officer
  • Adebayo Abefe – Chief Financial Officer
  • Olusegun Layode – Chairman
  • Onyebuchi Agubesi – Non-Executive Director

Corporate Social Responsibility (CSR)

McNichols PLC is dedicated to corporate social responsibility through initiatives that promote community development, ethical sourcing, and environmental sustainability. The company emphasizes responsible business practices and social impact, aiming to improve the quality of life in its host communities.

Company Milestones

  • 2004: Incorporated as McNichols Consolidated PLC.
  • 2009: Listed on the Nigerian Stock Exchange.
  • 2023: Achieved sales of ₦1.6 billion, up from ₦834 million in 2022, with a profit after tax of ₦36 million.
  • 2024: Continued to expand product lines and distribution networks across Nigeria.

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