Unilever Nigeria Plc has reported a profit after tax of N30.74 billion in its unaudited financial statements for the year ended December 31, 2025, representing a 103 per cent increase over the N15.14 billion recorded in the audited year ended December 31, 2024.
The household products company listed on the Nigerian Exchange Limited also posted a profit before tax of N51.8 billion in 2025, reflecting a 129 per cent increase from N22.65 billion in 2024.
The company attributed the strong performance to significant revenue growth and effective cost management during the year. Unilever Nigeria recorded revenue of N214.7 billion in 2025, marking a 44 per cent increase from N149.5 billion in 2024, while finance costs declined to N1.19 billion in 2025, a reduction of 53.3 per cent from N2.54 billion in the previous year.
Gross profit rose to N90 billion, supported by sustained demand across key brands including Knorr, Close Up, Pepsodent, Vaseline and Rexona. Despite inflationary pressures, cost of sales increased to N125.04 billion in 2025, about a 32.5 per cent rise from N94.37 billion in 2024, while total operating expenses climbed from N37.3 billion in 2024 to N49.1 billion in 2025, representing a 35.8 per cent increase.
Commenting on the performance, the Managing Director, Tobi Adeniyi, said, “we have delivered consistent quarter-on-quarter topline growth that remains competitive, profitable, and sustainable.”
“Our fourth quarter performance and strong full year outcome reflect the continued momentum from our route-to-market expansion, increasingly agile, well-optimised operational structure, and the robust demand we are seeing across our iconic brands, including Knorr, Close Up, Pepsodent, Vaseline, and Rexona,” he said.
He added, “with a proud heritage of more than 100 years of manufacturing in Nigeria, every product and every experience reflects our legacy of innovation and our unwavering commitment to quality.”
