Nestlé Nigeria Plc has reported a 26 per cent increase in revenue to N1.2 trillion for the full year ended Dec. 31, 2025, up from N958.8 billion recorded in 2024.
The company also posted a net profit of N105 billion, a significant turnaround from the N164.6 billion loss recorded in the previous year.
Its total equity position returned to positive at N12.9 billion from a negative N92.3 billion in 2024, driven by improved operational performance despite a challenging operating 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 by 56 per cent to N10.2 billion, compared to N6.6 billion recorded in the previous year.
The company also strengthened its financial position with the early repayment of $40million in foreign exchange-denominated debt.
A breakdown of its fourth quarter performance showed that revenue rose to N323.2 billion from N293.5 billion in the fourth quarter 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 grew to N32.5 billion compared to N19.7 billion in the corresponding period.
Commenting on the results, Mr Wassim Elhusseini, Managing Director of Nestlé Nigeria said, “Our 2025 results reflect the strong foundations of our return to profitability since the fourth quarter of 2024.
“This is with the resilience of our people and our renewed operational efficiency which continue to deliver strong outcomes, supported by the stability of Naira against the Dollar.
“This improved performance has positively impacted on our equity position. With the results achieved in 2025, negative retained earnings from the previous period reduced 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.
“In the year ahead, we will keep driving cost efficiencies to support our growth in what we expect will be a more stable economic environment.
“Marketing investments will remain a priority as we work to capture additional market shares and strengthen our position in the marketplace.
“In line with our long-term sustainability commitments, we will also maintain our investment in initiatives that create shared value for all stakeholders.”
