Nestlé Côte d'Ivoire shares in a position for solid growth in the BRVM. With a 6000% increase in its net profit at the end of the first half of 2020, the company confirms with a first dividend since 2016 that offers record profitability on the BRVM.

After a record figure of 173 billion FCFA in 2020, up 694.1%, the company ended the 2020 financial year with a net profit of 20.8 billion FCFA. The value of Nestlé Côte d'Ivoire shares, which was 625 FCFA at the end of the stock market session on April 21, 2021, up 6.8%, should rise further in the coming weeks.
This result represents 1.5 times its value on the stock market. For investors, this means that the gain is greater than the value of the investments they have made there. Over the last 12 months, Nestlé CI shares have swelled by more than 200% generating capital gains for those who have positioned themselves there. The company then announced a 59% increase in its net profit.
It has been proposed that a dividend of nearly 9 billion CFA francs be distributed to its shareholders. For the public, which holds 19.14% of the company's shares in the BRVM, this represents a pot of 1.53 billion FCFA to be shared. This represents above all a return of 58% based on the closing price of April 21, compared to the average market return, which was at 7.7%.