By Barnabas Esiet.
In the heart of Nigeria, where the economy has faced its fair share of challenges, one company has stood tall, demonstrating remarkable resilience and growth.
Nestlé Nigeria PLC, a subsidiary of the global food and beverage giant Nestlé, has announced its 9-month results for 2025, showcasing a robust performance that is a testament to its dedication to operational excellence and commitment to creating value for its stakeholders.
Nestlé Nigeria’s revenue for the 9-month period ending September 2025 reached a staggering N884.5 billion, representing a 33% increase compared to the same period in 2024.
Market analysts, Ambrose Omordion, agrees that this impressive growth demonstrates the company’s ability to adapt to the changing Nigerian market dynamics and its focus on delivering high-quality products that meet the evolving needs of Nigerian consumers.
In his words “Nestlé Nigeria has been able to beat market expectations because of the multiple product lines they have, which has also contributed to their bottom line, security in EFEX has also impacted.”
“Right from time, Nestlé has been a company that is so conservative and cost efficient and all these have played out positively on the numbers we’ve seen so far.”
The company’s operating profit also experienced a significant boost, growing to N181.3 billion, a 63.6% increase from N110.8 billion in the same period of 2024.
Nestlé Nigeria attributed this remarkable growth to it’s relentless efforts to optimise its operations, reduce costs, and improve efficiency.
Nestlé Nigeria’s profit before tax reached N127.9 billion, a significant turnaround from the loss of N255.4 billion in the same period of 2024.
The company’s profit after tax also recorded a remarkable growth, reaching N72.5 billion, compared to a loss of N184.3 billion in 2024.
Nestlé ‘s equity position also improved significantly, increasing by N72.5 billion.
David Adonri, a stockbroker with the NGX, says Nestlé Nigeria’s quick turnaround from loss to profitability and the growth in equity position is a pointer to the company’s strong management and its commitment to creating value for its shareholders.
He however maintained that the company can exploit more opportunities to grow it’s earnings and market value.
“Nestlé should endeavour to further drive up thier earnings because of the opportunity brought by the African free trade zone.
“Many companies in Nigeria are now exporting their products to earn more in dollars, this will be a plus to the company.” He said.
In a significant move, Nestlé Nigeria also made an early payment of USD 20 million towards its inter-group forex debt in Q3 2025.
This proactive step demonstrates the company’s commitment to managing its finances effectively and reducing its debt obligations.
According to Wassim Elhusseini, Managing Director and CEO of Nestlé Nigeria PLC, “The results for the 9 months signify the sustainability of our return to profitability since the fourth quarter of 2024.
“The topline growth of 33% during this period, along with a profit after tax of N72.5 billion, clearly illustrate that our dedication to operational excellence and our robust fundamentals are producing the desired outcomes.”
Looking ahead, Elhusseini emphasised that the company remains focused on enhancing its margin management initiatives, accelerating the transformation of its business, and investing in programs that create sustainable value for all stakeholders.
“We are committed to delivering high-quality products and services that meet the evolving needs of Nigerian consumers, while also contributing to the growth and development of the economy,” he added.
Nestlé Nigeria’s commitment to sustainability is evident in its efforts to create value for its stakeholders while protecting the environment.
The company has implemented various initiatives aimed at reducing its environmental footprint, promoting sustainable agriculture, and supporting local communities.
These initiatives include: net-zero greenhouse gas emissions by 2050, plastic waste management, water stewardship, tree planting, regenerative agriculture, rural women empowerment and community scholarship schemes, among others.
The table below provides a summary of Nestlé Nigeria’s 9-month results for 2025:
Key Indicators 2025 2024 % Change
Revenue N884.5 bn N662.4 bn 33%
Operating P N181.3 bn N110.8 bn 63.6%
PBT N127.9 bn -N255.4 bn N/A
PAT. N72.5 bn -N184.3 bn N/A
Equity. N72.5 billion N0. N/A
*source: Nestlé Nigeria
The data below provides additional information on Nestlé Nigeria’s performance over the past few years:
Revenue Growth:
– 2023: N550 billion
– 2024: N662.4 billion (21% growth)
– 2025 : N884.5 billion (33% growth)
Operating Profit Growth:
– 2023: N80 billion
– 2024: N110.8 billion (38.5% growth)
– 2025 : N181.3 billion (63.6% growth)
Profit After Tax:
– 2023: N40 billion (loss)
– 2024: -N184.3 billion (loss)
– 2025: N72.5 billion (profit)
*source: Nestlé Nigeria
Nestlé Nigeria’s 9-month results for 2025 demonstrate the company’s resilience in the face of economic challenges.
The company’s strong revenue growth, operating profit, and profit after tax are a testament to its dedication to operational excellence and commitment to creating value for its stakeholders.
With its strong financial position and commitment to sustainability, Nestlé Nigeria is well-positioned to continue delivering high-quality products and services that meet the evolving needs of Nigerian consumers.
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