Unilever Nigeria Shines with Robust Performance and Renewed Growth Momentum
Unilever Nigeria Plc has announced its unaudited interim report for the six-month period ended June 30, 2025, showcasing a remarkable performance across key financial metrics. The company’s turnover surged to N98.1 billion, representing a 54% increase from N63.9 billion in the corresponding period of 2024. This impressive growth is further reflected in the operating profit, which jumped to N18.8 billion, up from N3.5 billion in the same period last year, marking a staggering 444% increase.
The company’s net profit also witnessed a significant improvement, reaching N14.4 billion for the period ended June 30, 2025, compared to N4.4 billion in the same period of 2024, representing a 225% growth. This remarkable performance can be attributed to enhanced cost productivity and relative stability in macroeconomic conditions.
Unilever Nigeria’s board has announced an interim dividend of N0.50k per 50 kobo ordinary share, subject to applicable withholding tax, marking the first time in over two decades that the company has declared an interim dividend. This move underscores the company’s strong financial position and renewed growth momentum.
The company’s managing director, Tobi Adeniyi, attributed the robust performance to the strength of the company’s foundations and the disciplined execution of its Growth Action Plan framework. He emphasized the company’s commitment to operational excellence, brand superiority, and market agility, which has enabled Unilever Nigeria to deliver consistent value to its consumers and stakeholders.
As one of Nigeria’s longest-serving manufacturing companies, Unilever Nigeria remains deeply committed to enriching lives and contributing meaningfully to Nigeria’s growth story. The company’s strong performance and renewed growth momentum are a testament to its resilience and dedication to building a future where its brands continue to brighten everyday life for all Nigerians.
