Unilever Nigeria Plc has reported a 99 per cent increase in profit after tax to N30.7bn for the financial year ended 31 December 2025, driven by revenue growth, improved operating performance, and higher finance income.
According to its Unaudited Interim Financial Statements for the Year Ended December 31, 2025, released on the Nigerian Exchange Limited recently, the consumer goods manufacturer’s unaudited financial statements released on the Nigerian Exchange showed that revenue rose by 44 per cent to N214.7bn in 2025, compared with N149.5bn recorded in the previous year.
Cost of sales increased to N125.0bn from N94.4bn, reflecting higher input costs, but gross profit still climbed to N89.6bn from N55.1bn, supported by stronger sales and improved margins.
Operating profit more than doubled to N42.7bn in 2025 from N18.4bn in 2024, despite higher marketing and administrative expenses, which rose to N42.4bn from N29.6bn. Selling and distribution expenses increased slightly to N6.7bn from N6.2bn.
Finance income grew to N10.3bn from N6.8bn, while finance costs declined to N1.2bn from N2.5bn, resulting in net finance income of N9.1bn, up from N4.3bn in the prior year.
Profit before tax surged to N51.8bn from N22.6bn, while income tax expense rose to N21.1bn from N7.5bn. Profit attributable to equity holders stood at N30.7bn, compared with N15.1bn in 2024.
Earnings per share increased to N5.35 from N2.64, reflecting the great improvement in profitability. Total comprehensive income for the year rose to N30.9bn from N14.9bn in the previous year, underscoring the company’s improved financial performance.
