Nestlé Nigeria Restores Investor Confidence with ₦72.5bn Profit After Tax

Nestlé Nigeria PLC has restored investor confidence with a strong financial performance in its nine-month results for 2025, recording a ₦72.5 billion profit after tax, a major turnaround from the ₦184.3 billion loss reported in the same period of 2024.

The company’s financial report filed with the Nigerian Exchange (NGX) revealed that revenue surged by 33% to ₦884.5 billion, up from ₦665.3 billion in 2024, driven by robust demand and improved market execution. Operating profit climbed 63.6% to ₦181.3 billion, while profit before tax rose to ₦127.9 billion, reversing the previous year’s ₦255.4 billion loss.

Nestlé also reported an improved equity position of ₦72.5 billion and confirmed the early repayment of USD 20 million in inter-group foreign exchange debt during the third quarter — a move analysts say signals financial discipline and improved liquidity management.

Managing Director and CEO, Wassim Elhusseini, said the results confirm the company’s sustainable return to profitability:

> “The 33% topline growth and ₦72.5 billion profit after tax clearly demonstrate that our commitment to operational excellence and solid fundamentals continues to yield positive results.”

Elhusseini added that Nestlé will focus on margin management and business transformation, while investing in initiatives that deliver long-term value for employees, consumers, and communities across its value chain.

Analysts note that the company’s turnaround and disciplined cost structure have boosted investor sentiment, positioning Nestlé Nigeria as one of the most resilient consumer goods stocks on the NGX.