FMCG firms face troubled waters

by | February 13, 2017 1:51 am

Fast Moving Consumable Goods Firms (FMCGs) are facing rising inflation, a weak naira and rising input costs that cannot be passed onto consumer and will likely squeeze margins in 2017. This is because early earnings results of 4 consumer goods Flour Mills Nigeria Plc, Seven up Bottling, Guinness Nigeria and International Breweries showed cost of…

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