Tuesday, July 21, 2026

Nestlé Nigeria rebounds with N105 billion profit in 2025

Nestlé Nigeria Plc has reported a 26 per cent increase in revenue to N1.2 trillion for the full year ended December 31, 2025, up from N958.8 billion recorded in 2024.

• February 26, 2026
Nestlé Nigeria
Nestlé logo

Nestlé Nigeria Plc has reported a 26 per cent increase in revenue to N1.2 trillion for the full year ended December 31, 2025, up from N958.8 billion recorded in 2024.
This is according to the company’s corporate disclosure released to the Nigerian Exchange Ltd on Wednesday.
The company also posted a net profit of N105 billion, a significant turnaround from the N164.6 billion loss recorded in the previous year.

Its total equity position returned to positive at N12.9 billion, up from negative N92.3 billion in 2024, driven by improved operational performance despite a challenging operating environment.

Operating profit rose by 34.3 per cent to N225.4 billion from N167.9 billion, while profit before tax stood at N166.8 billion, reversing a loss of N221.5 billion in 2024.

Export sales increased by 56 per cent to N10.2 billion, compared to N6.6 billion recorded in the previous year.

The company also strengthened its financial position by early repaying $40 million in foreign-exchange-denominated debt.

A breakdown of its fourth quarter performance showed that revenue rose to N323.2 billion from N293.5 billion in the fourth quarter of 2024.

Profit before tax for the quarter increased by 15.1 per cent to N38.9 billion from N33.8 billion, while profit after tax grew to N32.5 billion compared to N19.7 billion in the corresponding period.

Commenting on the results, Wassim Elhusseini, managing director of Nestlé Nigeria, said, “Our 2025 results reflect the strong foundations of our return to profitability since the fourth quarter of 2024. This is 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.

“This improved performance has positively impacted our equity position. With the results achieved in 2025, negative retained earnings from the previous period reduced by 53.6 per cent from N243.2 billion in 2024 to N112.8 billion in 2025. We are optimistic that as long as the business generates positive net profit, we will soon eliminate the negative retained earnings and resume dividend payments.

“In the year ahead, we will keep driving cost efficiencies to support our growth in what we expect will be a more stable economic environment. Marketing investments will remain a priority as we work to capture additional market shares and strengthen our position in the marketplace. In line with our long-term sustainability commitments, we will also maintain our investment in initiatives that create shared value for all stakeholders.”

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Sport

Bayelsa United resume training for NNL target NPFL return

Bayelsa United FC of Yenagoa resumed preparations for the 2026/2027 Nigeria National League season on Monday, aiming for promotion to the Nigeria Premier Football League.

Otti signing document

Economy

Abia partners SON to boost export readiness, tackle counterfeit products

The Abia government says it has partnered the Standard Organisation of Nigeria to prepare local entrepreneurs for exports and tackle counterfeit and substandard products.

Economy

Enugu extends health insurance to traders for affordable healthcare services

The Enugu State Agency for Universal Health Coverage has extended the health insurance scheme to traders to enable them to access affordable and quality healthcare services.

Federal Bureau of Investigation (FBI)

Sport

U.S. seizes 1,000 internet domains used to illegally stream 2026 World Cup matches

The U.S. government has shut down more than 1,000 internet domains that illegally streamed matches throughout the just-concluded 2026 FIFA World Cup without authorisation.

Young Progressives Party

Heading 5

2027: YPP unveils Lagos secretariat 

Mr Filani said the party was committed to rescuing Nigeria through purposeful leadership.

Yamal, Messi, Mbappe

Hot news Home top

Spain, Argentina, France top FIFA rankings 

Spain moved up one place to displace Argentina from the top spot.