Unilever Nigeria reports USD 143M revenue in FY 2025
The growth was driven by pricing strategies, volume increases, and demand for home care, personal care, and food products.
NIGERIA – Unilever Nigeria has reported positive full-year 2025 results, with revenue surging 44% to ₦214.7 billion (USD 238 million).
It posted a record-breaking profit after tax of ₦30.7 billion (USD 34 million) for full-year 2025, marking a 99% increase from ₦15.1 billion (USD 16.7 million) in 2024, largely due to revenue expansion, operational improvements, and benefits from a more stable naira exchange rate.
The consumer goods giant’s unaudited financial statements, filed with the Nigerian Exchange (NGX), highlighted resilient performance despite ongoing economic pressures like inflation and input costs.
Tobi Adeniyi, the company’s managing director, stated, “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.”
“Through our trusted brands, we continue to Brighten Everyday Life for All.”
Cost of sales climbed to ₦125.0 billion (USD 138.9 million) from ₦94.4 billion (USD 104.6 million) owing to higher raw material and logistics expenses, yet gross profit surged 63% to ₦89.6 billion (USD 99.6 million).
Operating profit doubled to ₦42.7 billion (USD 47.4 million) compared to ₦18.4 billion (USD 20.4 million), even as marketing and administrative costs rose to ₦42.4 billion (USD 47.1 million) from ₦29.6 billion (USD 32.8 million).
Selling and distribution expenses edged up slightly to ₦6.7 billion (USD 7.4 million).
Net finance income improved to ₦9.1 billion (USD 10.1 million) from ₦4.3 billion (USD 4.8 million), with finance income at ₦10.3 billion (USD 11.4 million) and costs dropping to ₦1.2 billion (USD 1.3 million).
Profit before tax reached ₦51.8 billion (USD 57.6 million) from ₦22.6 billion (USD 25.0 million), after tax expense of ₦21.1 billion (USD 23.4 million).
Earnings per share rose to ₦5.35 (USD 0.006) from ₦2.64 (USD 0.003).
According to the company, a stabilized naira has reduced currency volatility, aiding profitability alongside strategic pricing and cost controls in a challenging environment.
Strong cash generation supported investments, positioning Unilever Nigeria for sustained growth in Nigeria’s competitive FMCG sector.
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