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Unilever Nigeria Posts N30.74bn Net Profit In 2025

Olushola Bello by Olushola Bello
8 months ago
in Business
Unilever
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Unilever Nigeria Plc, in its unaudited financial statements for the year ended December 31, 2025, declared N30.74 billion profit after tax, about a 103 per cent increase over N15.14 billion posted in the audited year ended December 31, 2024.

The household company on the Nigerian Exchange Limited (NGX) announced a profit before tax of N51.8 billion in 2025, representing an increase of 129 per cent from N22.65billion in 2024.

Significant revenue generation and cost-effectiveness management played a critical role in the company’s profit generation last year. Unilever Nigeria declared N214.7 billion in 2025, about 44 per cent growth from N149.5 billion in 2024 as finance cost stood at N1.19 billion in 2025, a drop of 53.3 per cent from N2.54billion in 2024.

Gross profit increased to N90 billion, driven by sustained demand across key brands including Knorr, Close Up, Pepsodent, Vaseline and Rexona. The company faced inflation, among other challenges, following a cost of sales of N125.04 billion in 2025, about a 32.5 per cent increase from N94.37 billion in 2024, and total operating expenses that rose from N37.3 billion in 2024 to N49.1 billion in 2025, about a 35.8 per cent increase.

Speaking on the results, the managing director, Tobi Adeniyi said, they had delivered top line growth that remained competitive, profitable, and sustainable.”

“Our fourth quarter performance and strong full year outcome reflect the continued momentum from our route‑to‑market expansion, increasingly agile, well-optimised operational structure, and the robust demand we are seeing across our iconic brands, including Knorr, Close Up, Pepsodent, Vaseline, and Rexona.

“We have delivered consistent quarter-on-quarter topline growth that remains competitive, profitable, and sustainable.”

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He added that, “with a proud heritage of more than 100 years of manufacturing in Nigeria, every product and every experience reflects our legacy of innovation and our unwavering commitment to quality.”

 

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Olushola Bello

Olushola Bello

Olushola Bello is a Senior Journalist at Leadership Newspaper, reporting on Nigeria's capital market, industry sectors, and broader economic issues. She is known for high-impact stories and in-depth analysis on business developments and financial markets, underpinned by strong editorial judgement and a commitment to accuracy and fairness.

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