Unilever Nigeria Plc has announced remarkable improvements in its financial health for the first nine months of the year, ending September 30, 2025.
The company confirmed substantial growth across its main performance indicators for the first three quarters.
Financial Growth Metrics Soar
The consumer goods major recorded exceptional increases across its core financial statistics:
- Revenue: Turnover reached N155 billion, signifying a 50 percent increase when compared to the N104 billion recorded in 2024.
- Gross Income: Gross profit rose by 49 percent, climbing to N64 billion.
- Post-Tax Earnings: Net profit after tax surged by 100 percent, jumping from N11 billion in the comparable 2024 period to N22 billion.
Strategy and Execution Underpin Success
Managing Director Tobi Adeniyi attributed this excellent financial performance to several deliberate strategies. The organization prioritized investment in its leading “power brands.” Furthermore, Adeniyi highlighted the effective optimization of the product portfolio and meticulous discipline in cost control.
“Our Q3 performance reflects the strength of our focus on our power brands, strategic product mix optimisation, and disciplined cost management,” Adeniyi confirmed.
He affirmed the firm’s ongoing dedication to sustaining this growth trajectory. This involves continuous brand investment, enhancing the resilience of the supply chain, and achieving growth driven by sales volume across its diverse portfolio.
Dedication to Local Economy
Adeniyi also emphasized the company’s deep commitment to its manufacturing base and local partnerships within Nigeria. He noted the organization’s long-standing presence in the country, which spans over a century.
“As a cornerstone of Nigerian manufacturing for over 100 years, we continue to invest locally in expanding our operations,” he stated. This investment is paired with efforts to “build equitable partnerships across our value chain, and nurture deep trust with our Nigerian consumers.”
These positive results strongly affirm the company’s operational success. It managed to achieve significant growth in revenue and earnings while simultaneously maintaining strategic financial commitments to its brands and operational capacity.
ALSO READ: Military Under Scrutiny: Officers Flee Amid Coup Allegation Sweep
