Nestlé Nigeria PLC has announced its financial results, recording a 33 per cent increase in revenue in nine months of 2025 (January to September).
According to the report released on Friday, the beverage producer posted a total revenue of N884.5 billion compared to N665.3 billion in the nine months of 2024.
The company’s operating profit grew to N181.3 billion, a 63.6 per cent increase from N110.8 billion in the nine months of 2024.
The profit before tax was N127.9 billion, a 49.9 per cent drop from N255.4 billion in the same period of 2024.
Also, the profit after tax amounted to N72.5 billion, reflecting a 60.7 per cent decline from N184.3 billion in the nine months of 2024.
It reported that the equity position improved by N72.5 billion.
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Commenting on the results, Mr. Wassim Elhusseini, Managing Director and CEO of Nestlé Nigeria PLC, said: “The results for the nine months signify the sustainability of our return to profitability since the fourth quarter of 2024. The topline growth of 33% during this period, along with a profit after tax of N72.5 billion, clearly illustrates that our dedication to operational excellence and our robust fundamentals are producing the desired outcomes.”
Looking ahead, Elhusseini said they remain focused on enhancing management initiatives for business growth, while investing in programmes that create sustainable value for stakeholders across the value chain.
Nestlé Nigeria’s nine-month 2025 results underscore the company’s resilience and operational effectiveness, positioning it to navigate challenges and seize future opportunities.
Victor Ezeja is a passionate journalist, scholar and analyst of socioeconomic issues in Nigeria and Africa. He is skilled in energy reporting, business and economy, and holds a master's degree in mass communication.
