The market seems to be more cautious for Nestlé Côte d'Ivoire at the beginning of 2022. Investors who acquired Nestlé CI shares in January 2021 can now enjoy a capital gain of more than 1300% and this year again the return of 14% per share remains attractive.

With an increasing value of +1340%, Nestlé CI started 2022 at a slower pace, according to the Ecofin Agency. Between January 1 and April 15, its stock rose by "only" 43%. This is less than the 74% increase achieved over the same period in 2021. Several elements make it possible to understand this situation. The company announced a turnover of 195 billion FCFA up 13.7%.

However, the net profit of 21.3 billion FCFA, even if it represents a new record since 2017, is only up 1.76% compared to that of 2020. Also, when it was declared, this profit represented 1.5 times the stock market value of the company and the board of directors of Nestlé CI had proposed a dividend of 856.8 FCFA. The dividend of 951.5 FCFA proposed for the year 2021 is a record since 2016.