Nestlé Nigeria reported a net profit of N105 billion, reversing a N164.6 billion loss posted in the previous year, as the company signals strong financial recovery from 2024’s losses.
The company posted a revenue of N1.2 trillion compared with N958.8 billion recorded in 2024, alongside a return to positive shareholders’ equity. At the end of FY 2025, the company improved its equity position, moving from a negative N92.3 billion in 2024 to a positive N12.9 billion, signalling its ability to return dividends to its shareholders.
The figures were disclosed in the company’s audited financial statements submitted to the Nigerian Exchange Limited on Wednesday.
Operational performance strengthened across key indicators during the period. Export sales rose by 56 percent to N10.2 billion from N6.6 billion in 2024, while operating profit increased by 34.3 percent to N225.4 billion from N167.9 billion. Profit before tax stood at N166.8 billion, marking a turnaround from a N221.5 billion loss recorded a year earlier.
The company further disclosed the early repayment of $40 million in foreign-currency-denominated debt, a move aimed at improving its balance sheet and reducing exposure to exchange-rate pressures.
Commenting on the results, Chief Executive Officer and Managing Director, Wassim Elhusseini, said, “Our 2025 results reflect the strong foundations of our return to profitability since the fourth quarter of 2024: with the resilience of our people and our renewed operational efficiency, which continue to deliver strong outcomes, supported by the stability of the naira against the dollar.”
He added that the improved performance had strengthened the company’s financial position and supported equity recovery.
The company struck a confident tone as it reviewed its 2025 performance. Management pointed to clear progress in repairing the balance sheet. Years of pressure on retained earnings appear to be easing. The latest results marked a significant turnaround.
“With the results achieved in 2025, negative retained earnings from the previous period reduced by 53.6 per cent, from N243.2bn in 2024 to N112.8bn in 2025,” the company said, adding that sustained profitability would soon eliminate the deficit and support a return to dividend payments.
Executives said the focus now is on protecting that momentum. Cost efficiencies will remain central to strategy. The company expects a more stable economic environment in the year ahead. Marketing spending will continue as it seeks to capture more market share and strengthen its competitive position. It also reaffirmed its sustainability commitments. Management said investments that create shared value for stakeholders will remain a priority.
The results signal continued recovery for the company following macroeconomic pressures that weighed on performance in 2024, with management expressing confidence in sustained profitability and improved market stability.
