Nestle's Profit Soars to N72.5 Billion in Nine Months Amid Revenue Boost

Nestle, a multinational company operating in Nigeria, has recorded a remarkable financial performance with a N72.5 billion profit in the first nine months of 2025, marking a sharp recovery from a N184.3 billion net loss in the same period in 2024. The company's revenue climbed to N884.5 billion, showing a 33% year-on-year increase.

This positive trend was attributed to higher product prices, which helped boost revenue growth. Nestle also benefited from a significant foreign exchange gain, marking a full reversal from a previous loss.

The company's pre-tax profit surged by 150%, reaching N128 billion. These results indicate a strong financial comeback for Nestle in the Nigerian market.