Unilever Nigeria Plc has reported a strong financial performance for the year ended December 31, 2025, with pre-tax profit rising by 128.4 per cent to N51.7 billion.
The consumer goods company disclosed this in its audited financial results filed on the Nigerian Exchange, attributing the growth primarily to higher revenue and improved operational efficiency.
Revenue for the year increased by 43.3 per cent to N214.3 billion, up from N149.5 billion recorded in 2024. Domestic sales accounted for the bulk of earnings, contributing 98.8 per cent of total revenue, while exports made up the remainder.
A breakdown of revenue shows that the Foods segment remained the largest contributor, generating N127.8 billion. This was followed by Personal Care at N60.08 billion and Beauty & Well-being at N26.3 billion.
Gross profit rose significantly to N89.5 billion from N55.1 billion in the previous year, supported by revenue growth despite an increase in cost of sales to N124.7 billion. Operating profit more than doubled to N42.2 billion, compared to N18.3 billion in 2024, reflecting stronger performance in core business operations.
The company also recorded improved financial efficiency, with finance income increasing by 51.3 per cent to N10.3 billion, while finance costs declined sharply to N817.1 million from N2.5 billion.
Profit after tax stood at N32.1 billion, representing a 112.6 per cent increase year-on-year, while earnings per share rose to N5.60 from N2.64.
Based on the performance, the board declared a final dividend of N3.25 per 50 kobo ordinary share, amounting to a total payout of N18.6 billion. The dividend is scheduled for payment to registered shareholders on May 8, 2026.
On the balance sheet, total assets grew by 27.2 per cent to N180.1 billion, driven largely by cash and cash equivalents estimated at N110.7 billion. Retained earnings climbed to N47.7 billion, while total equity increased to N107.4 billion, indicating a stronger financial position.
Despite the robust results, the market response has remained muted as of March 24, 2026. However, the company’s shares have gained 30.56 per cent year-to-date, trading at N94 per share, with more than 128 million shares exchanged so far.
