It was a profitable year for Nestlé Nigeria Plc, which turned its financial record around from a loss, as the food and beverage company recorded a profit after tax of N104.97 billion in the year ended December 31, 2025—a sharp turnaround from the ₦164.60 billion loss recorded in 2024, news.ng reports.
In a notice filed with the Nigerian Exchange Limited (NGX) on Wednesday, the company’s audited statement of profit or loss for the operational year ended December 31, 2025, showed that revenue rose sharply from N958.81 billion to N1.21 trillion despite the harsh economic climate in Nigeria.
According to the statements, the cost of sales increased from N652.46 billion to N771.88 billion, reflecting higher input and production costs. This was not overtly felt, as pricing and volume growth improved, lifting gross profit to N435.89 billion from N306.35 billion in 2024.
Similarly, operating performance gained strength as operating profit rose from N167.88 billion to N225.38 billion in 2025. In the same year, marketing and distribution expenses stood at N161.69 billion, while administrative expenses were N49.81 billion.
More importantly, what helped the company bounce back to profitability in 2025 was a drastic reduction in net finance costs, which declined to N58.54 billion from N389.46 billion in 2024. The company’s finance income rose to N42.43 billion, while finance costs moderated to N100.96 billion.
On profit before tax, the figure stood at N166.85 billion, a reversal of the N221.59 billion pre-tax loss recorded in 2024. Income tax expenses amounted to N61.88 billion, as the company ended the year with a net profit of N104.97 billion attributable to shareholders.
There was a positive note on the company’s Earnings Per Share (EPS), with both basic and diluted EPS at N132.42, compared to a negative EPS of N207.65 in 2024.
On comprehensive income, Nestlé Nigeria Plc stated that there were no revaluation gains in 2025, as against N150.04 billion recorded in 2024.
Accordingly, total comprehensive income for 2025 stood at N104.97 billion, compared to the N14.56 billion loss recorded in 2024.
