KEY POINTS

• Unilever Nigeria interim results show 44 percent revenue growth year on year.
  
• Profit after tax more than doubled on stronger operations.
• Unilever Nigeria interim results highlight resilient consumer demand.

Unilever Nigeria Plc reported a sharp rebound in earnings for the year ended Dec. 31, 2025, as higher volumes and operational efficiency drove revenue and profit growth across its core consumer brands.

The company said turnover rose to N215 billion, a 44 percentincrease from N150 billion recorded in the corresponding period of 2024. Gross profit climbed 32 percentto N90 billion, while profit after tax more than doubled to N31 billion from N15 billion a year earlier, according to interim unaudited results released on Monday.

The performance underscores a broader recovery among consumer goods companies benefiting from pricing actions, distribution expansion and resilient demand despite Nigeria’s volatile macroeconomic environment.

Unilever Nigeria interim results driven by brand demand

Furthermore, Managing Director Tobi Adeniyi attributed the results to a strong fourth quarter and sustained momentum throughout the year. He said the company benefited from an expanded route-to-market strategy and a leaner, more responsive operating structure.

“Our fourth-quarter performance and strong full-year outcome reflect the continued momentum from our route-to-market expansion, an increasingly agile and well-optimised operational structure, and the robust demand we are seeing across our iconic brands,” Adeniyi said.

Products such as Knorr, Close Up, Pepsodent, Vaseline and Rexona continued to post steady sales, supported by broad retail distribution and consumer familiarity. Adeniyi further added that Unilever delivered consistent quarter-on-quarter revenue growth that remained competitive and profitable, even as costs stayed elevated across the sector.

Analysts further say the topline growth suggests the company has been able to balance price increases with volume retention, a challenge for many fast-moving consumer goods makers over the past two years.

The results reflect long-term strategy

Adeniyi also pointed to Unilever Nigeria’s long-standing presence in the country as a key advantage. The company has operated manufacturing facilities in Nigeria for more than a century, anchoring its brands in local production and supply chains.

“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,” he said.

The company also said it remains focused on strengthening local capabilities while maintaining brand relevance in a highly competitive market. Management reiterated its commitment to sustainable growth, leveraging scale, distribution reach and consumer trust built over decades.

While Unilever did not issue forward-looking guidance, the latest results position the company as one of the stronger performers in Nigeria’s consumer goods sector, where earnings have diverged sharply between market leaders and smaller players.