Cadbury Nigeria Plc has announced a remarkable 205% increase in profit before tax to N14.535 billion for the first six months of 2025, compared to a loss of N13.880 billion in the same period last year.
The company’s gross profit rose by 202% from N9.587 billion to N21.859 billion, while profit for the period surged to N10.175 billion, reversing a loss of N9.716 billion in the first half of 2024.
The company’s turnover grew by 50% to N77.251 billion from N51.440 billion in the first half of 2024. Basic earnings per share also increased by 205% to 446 kobo, reversing a loss of 426 kobo recorded in the same period last year.
According to Managing Director Oyeyimika Adeboye, the outstanding performance was driven by robust top-line growth, continued resource optimization, and cost management to protect margins.
He emphasized the company’s commitment to delivering value for stakeholders, particularly shareholders, despite operating in a challenging business environment.
Adeboye thanked Mondelez International, the parent company, for its support and belief in Nigeria’s potential.
Cadbury Nigeria Plc is a publicly quoted company and a 79.39%-owned subsidiary of Mondelez International, a global snacking powerhouse.
The company is a pioneer in cocoa beverage manufacturing and offers popular brands such as Bournvita, Hot Chocolate 3 in 1, TomTom, Buttermint, and Clorets.
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