Company: Nestle Cote d’Ivoire
Country: Cote d’Ivoire (BRVM)
Sector: Food: Specialty/Candy
CEO: Mohamad Itani (Directeur General)
Website: https://www.nestle-cwa.com/en/investors/cotedivoire
Careers Page: Not publicly listed
LinkedIn: Not publicly listed
Email: Not publicly listed
Headquarters: Abidjan, Cote d’Ivoire
Founded: 1959 (Nestle established local operations in Cote d’Ivoire)
Valuation/Revenue: $363.3m market value (African Business Top 250, 2025); FY2025 revenue CFA233.26bn (~$385m), up 6% year on year (allAfrica/Ecofin reporting)
Nestle Cote d’Ivoire is the Ivorian subsidiary of the Swiss food and beverage giant Nestle, manufacturing and distributing packaged foods, seasonings, dairy and beverage products for the West African market. It is listed on the BRVM regional stock exchange and is one of the most consistently profitable consumer-goods stocks in the Francophone West African bloc.
What Does Nestle Cote d’Ivoire Do?
The company produces and markets branded food and beverage products for Ivorian and neighboring regional markets, including bouillon and seasoning cubes (Maggi), instant coffee, dairy products and other packaged foods under Nestle’s global brand portfolio. It also hosts a Nestle Research & Development Centre in Cote d’Ivoire supporting product development for West and Central Africa, and its Abidjan operations serve as a regional hub for several neighboring markets within Nestle’s Central and West Africa (CWA) zone.
How Big Is Nestle Cote d’Ivoire?
African Business’s 2025 Top 250 ranking placed Nestle Cote d’Ivoire at number 290 with a market value of roughly $363.3 million. On operating performance, the company reported revenue of CFA233.26 billion for full-year 2025, up 6% from CFA220.11 billion in 2024, with net profit rising a more modest 2% to CFA18.42 billion from CFA18.14 billion, according to allAfrica and Ecofin Agency reporting on its BRVM disclosures. Operating profit climbed about 7% to CFA38 billion even as operating expenses rose faster, at over 9%, reflecting cost pressures across the region. Results have been uneven quarter to quarter; a third-quarter 2025 report from Richbourse noted a 21% year-on-year decline in net result for that period even as full-year profit still grew.
Who Is the CEO of Nestle Cote d’Ivoire?
Mohamad Itani serves as Directeur General of Nestle Cote d’Ivoire, having succeeded Mauricio Alarcon, who moved on to lead Nestle’s operations across West and Central Africa more broadly. Itani has been publicly recognized in Ivorian media for engagement on social causes, including a widely reported visit to the Agence Ivoirienne de Presse and involvement in efforts against child labor in the cocoa and agricultural supply chain, alongside Ivorian First Lady Dominique Ouattara.
Who Owns Nestle Cote d’Ivoire?
Nestle Cote d’Ivoire operates as a majority-owned subsidiary of Nestle S.A., the Swiss multinational, with a minority free float traded on the BRVM in Abidjan, in line with the structure typical of Nestle’s other listed African country subsidiaries such as Nestle Nigeria.
Is Nestle Cote d’Ivoire Publicly Traded?
Yes, under the ticker NTLC on the BRVM regional exchange, which also lists shares of Solibra, TotalEnergies Marketing Cote d’Ivoire, NSIA Banque Cote d’Ivoire and other major companies covered in this batch of profiles.
Is Nestle Cote d’Ivoire Legit?
Yes. As a subsidiary of one of the world’s largest food companies, listed and regularly audited on the BRVM with publicly disclosed quarterly and annual results, Nestle Cote d’Ivoire is among the most transparent and well-documented listed companies in the Ivorian market.
How Does Nestle Cote d’Ivoire Compare to Its Competitors?
Within Cote d’Ivoire’s consumer goods and food sector, Nestle competes with other multinational and regional food processors, and shares the BRVM listed-consumer-goods space with Solibra (beverages) and SIFCA (agri-processing). Its scale and brand recognition, underpinned by Nestle’s global supply chain and R&D investment, give it a durable competitive position in categories like bouillon cubes and instant beverages where it holds leading regional market share.
What Has Nestle Cote d’Ivoire Been in the News For Recently?
Recent coverage has focused on its financial results (steady revenue growth but margin pressure from rising costs), the 2026 launch of a “Nestle for Good” corporate social responsibility initiative reported by Pulse Cote d’Ivoire, and continued engagement on child-labor prevention in agricultural supply chains, an issue of long-standing focus for Nestle’s West African operations.
Where Is Nestle Cote d’Ivoire Headquartered?
The company’s head office is in Abidjan, Cote d’Ivoire, serving as a base for Nestle’s operations across the CWA (Central and West Africa) zone.
How Do I Apply for a Job at Nestle Cote d’Ivoire?
Openings are advertised through Nestle’s regional CWA careers channels and Ivorian job boards such as Novojob, which regularly lists Nestle and Nestle Waters positions in Cote d’Ivoire; no dedicated standalone national careers portal was identified.
Links
Website: https://www.nestle-cwa.com/en/investors/cotedivoire
Careers Page: Not found
LinkedIn: Not found
Email: Not publicly listed
FAQ
Is Nestle Cote d’Ivoire a real company? Yes, it is the Ivorian subsidiary of Nestle S.A., listed on the BRVM under ticker NTLC.
Who owns Nestle Cote d’Ivoire? Nestle S.A. holds a majority stake, with the balance traded publicly on the BRVM.
Who is the CEO of Nestle Cote d’Ivoire? Mohamad Itani is the current Directeur General.
How much is Nestle Cote d’Ivoire worth? African Business’s 2025 Top 250 put its market value at about $363.3 million; FY2025 revenue was CFA233.26 billion.
Where is Nestle Cote d’Ivoire based? Abidjan, Cote d’Ivoire.
Is Nestle Cote d’Ivoire profitable? Yes, it reported net profit of CFA18.42 billion in 2025, up 2% year on year.