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Cadbury Nigeria Reports N126.69bn Revenue Growth

Business
The Will
Cadbury Nigeria Reports N126.69bn Revenue Growth

Cadbury Nigeria Plc (NGX: CADBURY) announced a revenue of N126.69 billion for the nine months ending September 30, 2026, following the approval of its unaudited financial statements by the Board of Directors. This figure represents a 6 percent increase from the N119.25 billion reported in the same period in 2025.

The company's gross profit rose by 32 percent, from N27.75 billion to N36.50 billion. Cadbury Nigeria reported a profit of N10.14 billion, a 5 percent increase compared to N9.68 billion in 2025.

Profit before tax also increased by 5 percent, from N13.82 billion to N14.48 billion. Total equity surged by 75.6 percent, from N13.42 billion to N23.56 billion, while basic earnings per share rose by 5 percent, from 424k to 445k.

Ayman Fahmy Gaafar, Managing Director, stated that the company achieved sustainable growth despite a challenging operating environment and emphasized ongoing innovation to meet consumer needs. In August, Dr. ’Doyin Salami was appointed as the new Chairman, succeeding Mr. Adedotun Sulaiman, and Mrs. Uwa Osa-Oboh was appointed as an Independent Non-Executive Director.

Plus234Feed summary based on reporting from The Will. Read the original report below.

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