Nestlé Nigeria Plc has bounced back to profitability in its nine-month financial results for 2025, posting a profit after tax of ₦72.5 billion, a sharp turnaround from the ₦184.3 billion loss recorded in the same period of 2024.
According to the company’s financial statement as cited by the Punch, for the period ending September 30, 2025, revenue grew by 33% to ₦884.5 billion, up from ₦665.3 billion in the corresponding period last year.
Operating profit surged by 63.6%, rising to ₦181.3 billion from ₦110.8 billion in 2024, while profit before tax stood at ₦127.9 billion, reversing the ₦255.4 billion loss posted a year earlier.
Nestlé Nigeria’s equity position also improved significantly by ₦72.5 billion during the period.
The company further strengthened its balance sheet by making an early repayment of a $20 million inter-group foreign exchange debt in the third quarter of 2025.
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Commenting on the results, Wassim Elhusseini, Managing Director and CEO of Nestlé Nigeria Plc, said the strong performance reflects the sustainability of the company’s recovery since the fourth quarter of 2024.
“The topline growth of 33 percent during this period, along with a profit after tax of ₦72.5 billion, clearly illustrates that our dedication to operational excellence and our robust fundamentals are producing the desired outcomes,” he said. Elhusseini added that Nestlé will continue to focus on margin management, business transformation, and sustainable value creation for employees, consumers, and communities across its value chain.
The company’s consistent rebound underscores its resilience amid economic headwinds, positioning it for sustained growth in Nigeria’s fast-moving consumer goods sector.
Earlier in July, Nestlé Nigeria had reported a ₦50.6 billion profit after tax for the half-year period ended June 30, 2025 — a major improvement from the ₦176.9 billion loss recorded in the same period of 2024, signalling a steady recovery trajectory throughout the year.
