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Nestlé Nigeria Posts N166.8 Billion Profit in 2025

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Nestlé Nigeria Posts N166.8 Billion Profit in 2025

Nestlé Nigeria Plc announced a return to profitability with a pretax profit of N166.8 billion for the 2025 financial year, a significant recovery from the N221.5 billion loss recorded in 2024. The company disclosed this information in a filing with the Nigerian Exchange, closing business on Wednesday, February 25, 2026.

The turnaround was driven by revenue growth, a reduction in financial costs, and a stable naira environment. The financial performance showed broad-based recovery across key indicators, underpinning revenue growth and a sharp decline in financial costs.

Total assets decreased by 1.5% to N846.16 billion from N858.70 billion in 2024, attributed to a decline in prepaid advances and payments to suppliers. Total equity improved to N12.89 billion, reversing the negative equity of N92.29 billion in 2024, aided by a drop in retained losses.

The company's share price closed at N3,100, reflecting a 44% increase in February alone, contributing to a year-to-date gain of 58.2%.

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

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