Cadbury Nigeria Achieves N126bn Turnover
Cadbury Nigeria (NGX: CADBURY) recorded a turnover of N126 billion for the first nine months of 2026, representing a 6 percent increase from the N119.25 billion revenue posted in the same period in 2025. The company's gross profit grew by 32 percent, rising from N27.75 billion to N36.50 billion.
Additionally, Cadbury Nigeria reported a profit of N10.14 billion, a 5 percent increase compared to N9.68 billion in the same period in 2025. Profit before tax also increased by 5 percent, from N13.82 billion to N14.48 billion.
The company's total equity rose significantly by 75.6 percent, from N13.42 billion to N23.56 billion, while basic earnings per share increased by 5 percent from 424k to 445k. Ayman Fahmy Gaafar, Managing Director of Cadbury Nigeria, stated that the company achieved sustainable growth despite a challenging operating environment.
In August 2026, 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 Blueprint. Read the original report below.
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