Unilever Nigeria Plc has attributed its strong financial performance in the 2025 fiscal year to operational resilience and strategic focus on high-growth product categories, as the company posted significant gains in revenue and profitability.
The consumer goods giant reported a turnover of ₦214.30 billion, equivalent to about US$134 million at an exchange rate of ₦1,600 to the dollar, marking a sharp increase from ₦149.52 billion (US$93.4 million) recorded in the previous year.
Profit for the year more than doubled to ₦32.20 billion (US$20.1 million), compared to ₦15.14 billion (US$9.5 million) in 2024, reflecting improved efficiency, stronger brand performance and cost optimisation across its operations.
Chairman Bolaji Balogun said the results were driven by the company’s resilience strategy and ongoing investments in capacity expansion across key product segments.
He told shareholders at the company’s Annual General Meeting in Lagos that the board remained committed to balancing shareholder returns with long-term reinvestment in sustainable growth initiatives.
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The company approved a total dividend payout of ₦3.75 per share for the 2025 financial year, comprising a final dividend of ₦3.25 and an interim dividend of 50 kobo paid earlier in the year.
Management said the dividend reflected both improved profitability and a progressive policy of rewarding investors while maintaining operational stability in a challenging macroeconomic environment.
Managing Director Tobi Adeniyi said the company’s performance was driven by focused execution, particularly in high-demand categories and core “power brands” that continue to anchor revenue growth.
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He added that simplification of internal processes, innovation in product offerings and sharper market positioning had strengthened the company’s competitive edge.
Finance Director Ibrahim Sodipe said the company’s performance over the past five years had been consistently strong, supported by disciplined cost management and steady volume growth.
He noted that operational efficiency and innovation had played a central role in improving shareholder returns over time.
Analysts say the results highlight the resilience of Nigeria’s consumer goods sector, which has had to navigate inflationary pressures, foreign exchange volatility and rising input costs in recent years.
Despite these challenges, Unilever Nigeria has maintained profitability growth, supported by strong demand for essential household products and continued brand loyalty in a competitive market.
At the AGM, shareholders praised management for improved earnings performance and rising dividend payouts, describing the results as evidence of disciplined corporate governance and effective strategic execution.
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The company said it remains focused on sustaining growth through investment in capacity expansion, product innovation and improved supply chain efficiency, as it seeks to consolidate gains in Nigeria’s evolving consumer market.
With rising costs and economic uncertainty still weighing on households and businesses, analysts say companies that can combine operational efficiency with strong brand positioning are likely to remain resilient in the near term.
