Unilever Nigeria Posts N13.26bn Q3 Profit, Up 73%

Unilever Nigeria Plc has reported a robust third-quarter performance for 2025, achieving a pre-tax profit of N13.257 billion, representing a 72.67% year-on-year increase.

The company’s cumulative nine-month profit before tax now stands at N37.411 billion, a sharp 167.97% rise compared to N13.961 billion reported during the same period in 2024.

The company also saw impressive top-line growth. Revenue rose by 43.5% year-on-year to N57.308 billion in Q3, pushing total revenue for the first nine months of 2025 to N155.410 billion, a 49.65% increase compared to the prior year.

Despite rising input costs, Unilever sustained its profitability momentum, with net profit up 15.3% year-on-year, while earnings per share (EPS) climbed to N1.32, up 15.79% from Q3 2024. The company’s nine-month EPS surged 99.48% to N3.83, underscoring its operational efficiency and consistent value creation for shareholders.

Strong Performance Across Segments

Unilever’s growth in Q3 was mainly driven by its Foods and Personal Care segments.

• The Foods division, which includes savory products, delivered an impressive 49.5% increase in revenue to N36.2 billion.
• The Personal Care segment, encompassing oral care and deodorants, also showed resilience with N14.33 billion in revenue, up 14.9% year-on-year.

However, cost pressures remained evident as cost of sales rose 52.4% to N35.46 billion, outpacing revenue growth. This led to a slight dip in gross profit margin to 38% for the quarter.

ALSO READ VFD Group Records N7.9 billion Profit in Nine Months: https://stakebridgeirpr.com/media/2025/10/30/vfd-group-records-n7-9bn-profit-in-nine-months-2025/

Nonetheless, with operating expenses growing modestly by 2.2% year-on-year, Unilever recorded a strong operating profit margin of 20.3%, supported by efficiency in cost management and reduced finance costs.

Solid Balance Sheet and Market Confidence

Unilever Nigeria’s balance sheet continues to demonstrate stability and liquidity strength. Total assets grew by 21.5% to N172 billion, driven by a 42% surge in cash and cash equivalents to N97.19 billion, reflecting improved financial flexibility.

While trade receivables increased by 76.5%, suggesting higher sales volumes, the decline in inventories by 8.1% indicates more efficient inventory management. Equity rose by 14.0%, reinforcing investor confidence in the company’s long-term strategy.

Market Outlook

On the Nigerian Exchange (NGX), Unilever Nigeria remains a key market player, ranked as the 30th most valuable stock with a market capitalization of N442 billion. Starting the year at N32.95, the stock closed at N77 on October 29, 2025 — a 134% year-to-date gain, emphasizing strong investor sentiment.

Unilever Nigeria’s Q3 2025 results highlight its ability to navigate inflationary pressures, manage costs, and sustain growth across core business segments. Its strong fundamentals, robust cash position, and rising share price reaffirm its reputation as one of Nigeria’s most resilient and investor-attractive consumer goods companies.