Nestlé Ivory Coast: the group is gradually erasing the loss in value of its share in the BRVM : Orishas-finance

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Nestlé Ivory Coast: the group is gradually erasing the loss in value of its share in the BRVM

15/05/2023

Source : ORISHAS FINANCE

Categories: Sectors

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Nestlé Ivory Coast: the group is gradually erasing the loss in value of its share in the BRVM

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The Ivory Coast subsidiary of the food group Nestlé "serif"> recorded respective growth of ^{10% and 6% in the weeks of April 24 and May 1.} It is gradually on track to erase the 16.3% loss in value that its share suffered on the BRVM Abidjan Regional Securities Exchange () during the first quarter of this year.

African Markets data mentions that Nestlé , "serif"> Ivory Coast increased by 14.3%, since the beginning of April. Indeed, the weeks of April 24 and May 1 were the most dynamic for the company, with growth of 10% and 6% respectively. Like other companies present on this market, the group does not communicate its financial performance in an optimal manner.

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