By Seun Ibiyemi
Nestlé Nigeria Plc has reported a 26 per cent increase in revenue to N1.2 trillion for the full year ended December 31, 2025, compared to N958.8 billion recorded in 2024.
The company disclosed this in its corporate filing with the Nigerian Exchange Limited on Wednesday, highlighting a strong financial turnaround during the year under review.
Nestlé Nigeria posted a net profit of N105 billion, reversing the N164.6 billion loss recorded in 2024. Its total equity position also returned to positive territory at N12.9 billion, compared to a negative N92.3 billion in the previous year, driven by improved operational performance despite a challenging business environment.
Operating profit rose by 34.3 per cent to N225.4 billion from N167.9 billion, while profit before tax stood at N166.8 billion, reversing a loss of N221.5 billion in 2024.
Export sales increased significantly by 56 per cent to N10.2 billion, up from N6.6 billion recorded the previous year.
The company also strengthened its balance sheet with the early repayment of $40 million in foreign exchange-denominated debt, further improving its financial stability.
A breakdown of fourth-quarter performance showed revenue rising to N323.2 billion from N293.5 billion in the corresponding period of 2024. Profit before tax for the quarter increased by 15.1 per cent to N38.9 billion from N33.8 billion, while profit after tax climbed to N32.5 billion compared to N19.7 billion in the same period last year.
Commenting on the results, Managing Director, Wassim Elhusseini, said the company’s 2025 performance reflects the strong foundation of its return to profitability since the fourth quarter of 2024.
“Our 2025 results reflect the strong foundations of our return to profitability since the fourth quarter of 2024,” Elhusseini said.
He attributed the improved performance to the resilience of employees, renewed operational efficiency, and the relative stability of the naira against the dollar.
According to him, the improved earnings significantly impacted the company’s equity position, reducing negative retained earnings by 53.6 per cent from N243.2 billion in 2024 to N112.8 billion in 2025.
“We are optimistic that as long as the business generates positive net profit, we will soon eliminate the negative retained earnings and resume dividend payments,” he said.
Looking ahead, Elhusseini noted that the company would continue to drive cost efficiencies to support growth in what it anticipates will be a more stable economic environment.
He added that marketing investments would remain a priority to capture additional market share and strengthen its market position, while sustaining long-term initiatives that create shared value for stakeholders.
