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FrieslandCampina WAMCO Nigeria Reports N615.9bn Revenue Growth

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FrieslandCampina WAMCO Nigeria Reports N615.9bn Revenue Growth

FrieslandCampina WAMCO Nigeria PLC announced a significant revenue growth of 25%, reaching N615.9 billion for the financial year ending December 31, 2025, compared to N493.6 billion in 2024. This growth was attributed to strong volume growth and strategic market expansion across key product categories.

Mr. Roger Adou, the Managing Director of FrieslandCampina WAMCO Nigeria PLC, stated that 2025 was a defining year for the company as it successfully returned to business profitability despite facing persistent macroeconomic challenges, including high interest rates, supply chain disruptions, inflationary pressures, and foreign exchange volatility.

The company demonstrated resilience and agility, significantly improving operational efficiency across its factories and enhancing its commercial execution and supply chain operations. The financial results were discussed during the company's 53rd Annual General Meeting (AGM) held in Lagos, where shareholders and board members reviewed the company's performance and strategic outlook for the future.

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

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