Page 7 - Honeywell Annual Report 2021 comm 10 09 v17a.cdr
P. 7

Our Business



         For over 2 decades, Honeywell Flour Mills has produced branded

         consumer foods that have become one of the most recognizable and
         best-loved names in Nigeria.


         Our core business is providing healthy, nutritious, and affordable

         everyday branded food products to Nigeria’s growing
         population. Our entry into the flour milling industry in

         1998 revolutionized the bread flour market by
         raising the bar on the quality of bread flour

         that bakers had access to.











         Responding to growth opportunities in the
         industry, we have extended our product

         portfolio beyond bread flour into other
         nourishing food staples that offer tastier and
         healthier choices for every life stage, at all
         times of the day.











         What we sell [Revenues in NGN billion]:








              Apapa Factory                Sagamu Factory                  Ikeja Factory

                 Bread Flour                    Spaghetti                      Noodles
                  Semolina                      Macaroni
                 Wheat Meal


                      85                           19.1                           5.5








         8  HONEYWELL FLOUR MILLS  |  ANNUAL REPORT  |  2021                          World of Possibilities
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