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Cadbury Nigeria Plc Reports Profit Turnaround Despite Q3 Setback

Business1 min read
Cadbury Nigeria Plc Reports Profit Turnaround Despite Q3 Setback

Cadbury Nigeria Plc has announced a remarkable recovery in profit, recording a profit of N9.6 billion in the first nine months of 2025, despite a post-N495 million loss in the third quarter. The company attributed the Q3 loss to cost pressures stemming from Nigeria's macroeconomic conditions, leading to a rise in selling, distribution, and administrative costs.

However, Cadbury reported a significant increase in revenue by 32% and a decline in expenses by 70%. The company's gross profit surged by 88%, reaching N27.75 billion, while operational profit soared to N15.9 billion, representing a 154% increase.

Despite challenges, Cadbury's financial performance has shown resilience and growth.

Plus234Feed summary based on reporting from Business Day. Read the original report below.

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