After a difficult 2024, Nestlé Nigeria entered 2025 with renewed financial momentum.
Consequently, the company delivered ₦166.8 billion profit before tax, reversing the ₦221.5 billion loss recorded previously.
Nestlé Nigeria Returns To Profit In 2025
The company filed its audited results with the Nigerian Exchange on February 25, 2026.
First, revenue rose 26% to ₦1.2 trillion from ₦958.8 billion in 2024.
Revenue Growth Momentum
Specifically, the food segment generated ₦784 billion, while beverages delivered ₦424 billion.
Meanwhile, rising input prices pushed cost of sales to ₦771.88 billion from ₦652.46 billion.
However, stronger pricing and efficiency lifted gross profit to ₦435.89 billion, up from ₦306.35 billion.
Similarly, core operations drove operating profit to ₦225.38 billion, compared with ₦167.88 billion.
Financing Shift Impact
Most importantly, management reduced finance costs to ₦100.96 billion, down from ₦392.83 billion.
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At the same time, improved treasury performance increased finance income to ₦42.43 billion from ₦3.37 billion.
As a result, the business strengthened profitability across key indicators.
Therefore, profit after tax climbed to ₦105 billion, reversing the previous year’s loss.
In addition, fourth-quarter performance reinforced momentum.
Q4 profit before tax rose 15.1% to ₦38.9 billion.
Likewise, profit after tax increased to ₦32.5 billion, nearly doubling year-on-year.
Balance Sheet Recovery
Chief Executive Officer Wassim Elhusseini said the recovery began in late 2024.
Furthermore, he highlighted operational efficiency, workforce resilience and currency stability as key drivers.
Notably, the company reduced retained losses 53.6% to ₦112.8 billion from ₦243.2 billion.
Consequently, management expects sustained profitability to eliminate retained losses and restore dividend payments.
Meanwhile, lower prepayments reduced total assets 1.5% to ₦846.16 billion.
Specifically, prepayments declined to ₦53.8 billion from ₦149.46 billion in 2024.
At the same time, improving earnings lifted total equity to ₦12.89 billion, reversing negative equity.
Finally, investors responded to the stronger performance.
As of February 25, 2026, shares closed at ₦3,100.
During February, the stock gained 44%, pushing year-to-date growth to 58.2%.
Overall, the results show a business moving decisively from losses toward stability and financial rebuilding.
