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Nigerian Stock Exchange

Last update 26 Jun 2026

Meyer PLC · DNMEYER.LG

Nigeria · Materials · Chemicals · NGN

Price history

Meyer PLC is a Nigeria-based manufacturing company. The Company is engaged in manufacturing and sale of paint products, coating, adhesives, and flooring products. The Company operates through two segments: Paints and Painting services. Its durable business profile is anchored in production capacity, technical expertise, customer relationships, procurement discipline and the ability to deliver reliable products or services to corporate and public-sector clients. Demand is linked to construction, infrastructure spending, industrial activity, maintenance cycles and local substitution for imported products. Investors should monitor order flow, margins, raw-material costs, plant utilization, working capital and balance-sheet resilience. The company should be reviewed through its audited financial statements, corporate disclosures, operating segment notes and market announcements, because these materials provide the most reliable view of revenue quality, cost structure, capital allocation and any changes in business scope.

Fundamentals

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Metric  (NGN, B) 2024 2023 2022 2021 2020
Revenue Total Revenue 3
EBITDA 0
EBIT 0
Net income Net Income 0
Operating margin 6%
Net margin 9%