Unilever Nigeria Plc has delivered a strong earnings rebound for the 2025 financial year, posting a profit after tax of N32.199 billion, more than double its 2024 performance, on the back of strong revenue growth, improved cost efficiency, and renewed focus on high-performing brands.
The results, released on the Nigerian Exchange Limited, signal a decisive turnaround for the fast-moving consumer goods (FMCG) giant, which has faced persistent macroeconomic headwinds in recent years, including inflationary pressures, currency volatility, and weakening consumer purchasing power.
The company also declared a final dividend of N18.67 billion, reinforcing its commitment to shareholder returns amid improved profitability and stronger cash flow generation.
Unilever Nigeria’s turnover rose 43 per cent to N214.302 billion in 2025, up from N149.523 billion recorded in the corresponding period of 2024.
Cost of sales increased to N124.777 billion from N94.374 billion in the prior year, largely driven by higher input costs and currency-related pressures. However, the company’s gross profit expanded significantly, rising 62 per cent to N89.525 billion from N55.149 billion in 2024.
Profit before tax climbed to N51.727 billion, more than doubling from N22.650 billion a year earlier, while net profit rose to N32.199 billion from N15.143 billion in 2024. Earnings per share followed a similar trajectory, increasing to N5.60 from N2.64.
Commenting on the results, Managing Director Tobi Adeniyi attributed the performance to a sharpened operational strategy and a renewed focus on execution excellence.
“Our strong full-year performance reflects a business that is sharper, faster, and built to win. This momentum stems from focusing our resources on our power brands such as Knorr, Vaseline, Close Up, Pepsodent, and Rexona,” Adeniyi said.
These flagship brands, many of which are household staples in Nigeria, have continued to anchor growth, benefiting from strong consumer recognition and sustained demand across food, personal care, and hygiene categories.
Adeniyi further highlighted the company’s adoption of a “play to win” culture, characterised by disciplined cost management, faster decision-making, and enhanced accountability across operations.
According to him, Unilever Nigeria has restructured its operating model to prioritise clarity and speed, enabling the company to respond more effectively to shifting consumer preferences and market dynamics.
“We have revamped our operations by embedding clarity, accountability, and speed into the heart of our processes. We are now better positioned to innovate and serve the millions of Nigerian households who use our products daily,” he added.
This operational reset has also translated into improved consumer value delivery, with the company focusing on innovation and product accessibility in a price-sensitive market.
