Nestlé Nigeria Plc has announced a return to profitability in its nine-month results for 2025, posting a profit after tax of N72.5bn compared to a loss of N184.3bn recorded in the same period of 2024.
The company’s financial report for the period ended September 30, 2025 showed a 33 per cent growth in revenue, which rose to N884.5bn from N665.3bn in the corresponding period of last year.
Operating profit also surged by 63.6 per cent to N181.3bn, up from N110.8bn in 2024, while profit before tax stood at N127.9bn, representing a sharp turnaround from the pre-tax loss of N255.4bn recorded in the previous year.
Nestlé Nigeria said its equity position improved by N72.5bn during the period, while the company also made an early payment of a $20m inter-group foreign exchange debt in the third quarter of 2025.
Commenting on the results, the Managing Director and Chief Executive Officer of Nestlé Nigeria Plc, Wassim Elhusseini, said the company’s strong performance reflects the sustainability of its return to profitability since the fourth quarter of 2024.
“The topline growth of 33 per cent during this period, along with a profit after tax of N72.5bn, clearly illustrates that our dedication to operational excellence and our robust fundamentals are producing the desired outcomes,” Elhusseini said.
Looking ahead, he said the company remains focused on enhancing its margin management initiatives and accelerating its business transformation while investing in programmes that create sustainable value for employees, consumers, and communities across its value chain.
Nestlé Nigeria’s strong nine-month performance underscores its resilience and operational effectiveness, positioning the company for continued success amid economic headwinds.
The PUNCH reported that Nestlé Nigeria Plc reported a profit after tax of N50.6bn for the six months ended June 30, 2025, reversing a loss of N176.9bn in the same period of 2024
