Unilever Nigeria Plc reported a strong financial performance for the year ended December 31, 2025 with profit for the year rising by 113 percent to ₦32.20 billion from ₦15.14 billion recorded in 2024.
The company’s revenue grew by 43.3 percent to ₦214.30 billion, up from ₦149.52 billion in the previous year.
Operating profit surged to ₦42.21 billion, compared to ₦18.36 billion in 2024, representing a growth of over 129 percent. Profit before taxation also increased sharply to ₦51.73 billion from ₦22.65 billion in the prior year.
Despite a higher tax expense of ₦19.53 billion, up from ₦7.51 billion, the company maintained strong bottom-line growth, supported by improved operational efficiency and revenue expansion.
Total comprehensive income stood at ₦32.40 billion, compared to ₦14.91 billion recorded in 2024, while total equity rose to ₦107.46 billion from ₦85.11 billion, indicating a stronger balance sheet position.
Unilever Nigeria’s earnings per share increased to ₦5.60 from ₦2.64, while net assets per share improved to ₦18.70, up from ₦14.81 in the previous year.
Cash and cash equivalents rose significantly to ₦110.75 billion from ₦68.44 billion, reflecting improved liquidity and stronger cash generation during the period.
The company also reported depreciation and impairment of property, plant, and equipment at ₦3.06 billion, slightly higher than ₦2.75 billion recorded in 2024.
Profitability ratios improved during the year with operating profit margin rising to 20 percent from 12 percent, while profit margin increased to 15 percent from 10 percent.
Operating costs as a percentage of revenue declined to 23 percent from 25 percent, indicating better cost management.
Unilever Nigeria’s share price closed at ₦72.00 as of December 31, 2025, more than double the ₦32.95 recorded at the end of 2024.
The results underscore the company’s strengthened operational performance, improved efficiency, and enhanced shareholder value amid evolving market conditions.