Just a year ago, Cadbury Nigeria was deep in the red, grappling with a ₦13.88 billion loss.
Fast forward to the first half of 2025, and the confectionery giant has flipped the script—reporting a pre-tax profit of ₦14.5 billion.
Revenue And Profit Growth
Cadbury released its unaudited financial results, which clearly show its rebound.
Specifically, gross profit jumped 128% to ₦21.86 billion, rising from ₦9.59 billion in the same period last year.
Meanwhile, the company flipped its net position, earning ₦10.18 billion in profit after reporting a ₦9.72 billion loss in H1 2024.
Furthermore, revenue rose by 50%—growing from ₦51.44 billion to ₦77.25 billion.
As a result, basic earnings per share recovered to 446 kobo, after dropping to a negative 426 kobo the previous year.
Asset Expansion And Outlook
On the balance sheet, Cadbury Nigeria continued to strengthen its position.
The company increased its total assets by 21% to ₦87.6 billion.
This came as it more than doubled its inventory, which soared 150% to ₦34.5 billion, up from ₦13.8 billion at the start of the year.
At the same time, the company tripled its net assets—lifting them by 232% to ₦14.6 billion from ₦4.4 billion.
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Commenting on the performance, Managing Director Oyeyimika Adeboye highlighted the company’s strategic focus.
She credited the results to strong topline growth, consistent cost discipline, and improved resource efficiency.
“Indeed, our performance in the first half of 2025 reflects a sustained growth trajectory.
The relative stability of the naira, in particular, has allowed us to plan more effectively and operate with greater confidence,” Adeboye noted.
She also reinforced Cadbury Nigeria’s dedication to long-term value creation.
“We continue to prioritise value for our stakeholders, especially our shareholders.
Backed strongly by our parent company, Mondelez International, we remain confident in Nigeria’s long-term potential,” she added.
Ultimately, Cadbury Nigeria transformed a steep loss into solid growth, showing how disciplined execution and strategic planning can rewrite a company’s fortunes—even in a tough economic landscape.
