Nestlé Nigeria PLC has recorded a 33% increase in revenue, in a robust financial performance for the nine months ended September 30, 2025.
The result reflected a strong recovery and sustained growth momentum across its operations.
According to the report, the 33% increase in revenue, stood at ₦884.5 billion, compared to ₦665.3 billion in the same period of 2024.
Operating profit rose by 63.6% to ₦181.3 billion, up from ₦110.8 billion in 2024, while profit before tax stood at ₦127.9 billion, marking a significant turnaround from a ₦255.4 billion loss recorded in the same period last year.
The company also reported a profit after tax of ₦72.5 billion, compared to a ₦184.3 billion loss in 2024, with its equity position improving by the same amount. Nestlé Nigeria further disclosed the early repayment of a $20 million inter-group foreign exchange debt during the third quarter of 2025.
Commenting on the results, Wassim Elhusseini, Managing Director and CEO, Nestlé Nigeria PLC, stated, “The results for the nine months signify the sustainability of our return to profitability since the fourth quarter of 2024. The topline growth of 33% during this period, along with a profit after tax of N72.5 billion, clearly illustrate that our dedication to operational excellence and our robust fundamentals are producing the desired outcomes.”
Looking ahead, he emphasized, “we remain focused on enhancing our margin management initiatives, accelerating transformation of our business, while investing in programs that create sustainable value for all our stakeholders, starting from our employees, consumers and extending to our communities and partners across our value chain.”
