Unilever Posts N32bn Profit After Tax, Declares N18.7bn Dividend

Unilever Nigeria Plc has reported a profit after tax of N32.199 billion for the full year 2025, driven by strong revenue growth and improved operational efficiency.

This was contained in the Company’s audited financial results for the year ended December 31, 2025 released on the Nigerian Exchange Limited.

The company also declared a final dividend payout of N18.67 billion after more than doubling full year profit in 2025.

The Company’s turnover stood at N214.302 billion, representing a 43 per cent increase from the N149.523 billion recorded in the corresponding period of 2024.

Cost of sales rose to N124.777 billion, up from N94.374 billion in 2024, while gross profit rose 62 per cent to N89.525 billion from N55.149 billion in 2024.

Profit before tax amounted to N51.727 billion, higher than N22.650 billion recorded in the corresponding period of 2024, while net profit for the period doubled to N32.199 billion, up from N15.143 billion in the same period in 2024. Earnings per share of the Company rose to N5.60 from N2.64 in 2024.

Speaking on the results, the managing director of Unilever Nigeria, Tobi Adeniyi, stated, “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. These iconic brands continue to anchor our growth and benefit from structural tailwinds across the categories we operate in. Our disciplined approach reinforces Unilever’s collective intent to build a simpler, sharper organisation with a future ready portfolio and brands that drive desirability at scale.”

He highlighted how the current business model translates to better value for consumers, saying that “we have revamped our operations by embedding clarity, accountability and speed into the heart of our operations. We are now better positioned to innovate and serve the millions of Nigerian households who use our products daily.

“We have strengthened our ‘play to win’ culture, where excellence in innovation and execution is non-negotiable. We are committed to a culture of discipline that relentlessly improves our cost structures and elevates the overall consumer experience.”

With over 100 years of manufacturing heritage in Nigeria, every Unilever product carries a legacy of innovation and trust. Through its portfolio of beloved brands, Unilever restates its commitment to Brighten Everyday Life for All.