Nestlé Nigeria 2025 Nine Months Results: Growth, Momentum and Sustainedprofitability

Nestlé Nigeria PLC has announced strong financial results in its 9-Month report, driven by
high growth.  Key highlights for January to September 2025 Results :
 Revenue Growth: Nestlé Nigeria PLC saw a robust 33% increase in revenue, totaling
N884.5 billion compared to 9M of 2024.
 Operating Profit: The operating profit grew to N181.3 billion, a 63.6% increase from N110.8
billion in 9M of 2024.
 Profit Before Tax: The profit before tax reached N127.9 billion, in contrast to the loss of –
N255.4 billion in the same period of 2024.
 Profit After Tax: The profit after tax amounted to N72.5 billion, compared to a loss of –
N184.3 billion in 9M 2024.
 Equity Position: The equity position improved by N72.5 billion.
 Early payment of USD 20 million inter-group forex debt in Q3 2025
Summary of the results : Jan-Sept 2025 
   Jan-Sept 2025 Jan-Sept 2024
Revenue  884,536,899 665,289,761
Cost of Sales  (557,661,594) (458,977,837)
Gross Profit  326,875,305 206,311,924
Results from operating activities  181,343,663 110,843,852
Finance income  1,785,024 2,930,478
Finance costs  (55,173,305) (369,158,960)
Net finance costs  (53,388,282) (366,228,482)
Profit /(loss) before income tax  127,955,382 (255,384,629)
Income tax (expense)/credit  (55,473,301) 71,113,867
Profit /(loss) for the period  72,482,081 (184,270,762)
In his remarks on the results, Mr. Wassim Elhusseini, Managing Director and CEO of Nestlé
Nigeria PLC, stated, “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 illustrate that our dedication to
operational excellence and our robust fundamentals are producing the desired outcomes.”  
Looking ahead, he emphasized, “we remain focused on enhancing our margin
management initiatives, accelerating transformation of our business, while investing in
programs that create sustainable value for all our stakeholders, starting from our
employees, consumers and extending to our communities and partners across our value
chain.”

Nestlé Nigeria’s nine months 2025 results underscore the company’s resilience and
operational effectiveness, positioning it for continued success in navigating challenges and
seizing future opportunities.