Nestlé Ivory Coast reports US$21.1M net profit in Q3 2025

IVORY COAST – Nestlé Côte d’Ivoire, a subsidiary of the Swiss Nestlé group, has announced a 21.3% drop in its net profit for the third quarter of 2025, to 11.9 billion CFA francs (US$21.1 million), penalized by rising raw material costs.

Revenue amounted to US$298.3 million (173.4 billion FCFA), a slight increase of 1.36% compared to the same period in 2024.

The result of ordinary activities was US$33.9 million (19.7 billion FCFA), down 15.9%, due to persistent inflation in input costs, particularly milk and cereals, which make up a major part of the brand’s products.

This slowdown comes after a generally favorable year in 2024, during which Nestlé CI posted a 9.6% increase in net profit, to US$31.2 million (18.1 billion FCFA), compared to 16.6 billion FCFA a year earlier.

Its annual revenue then amounted to approximately 224 billion FCFA, supported by the recovery in local consumption and the ramp-up of exports to the Sahel.

In the first half of 2025, the Ivorian subsidiary had already shown signs of slowing, with net profit estimated at US$20.3 million (11.8 billion FCFA), a limited increase compared to the first half of 2024, signaling a loss of momentum initiated the previous year.

Despite this decline, Managing Director Mohamad Itani affirmed that the company remains on a positive trajectory, specifying that creating value for consumers and the continuous pursuit of efficiency in our value chain remain priorities.

Nestlé Côte d’Ivoire indicates that it is continuing its cost-reduction initiatives while maintaining its investments in its flagship brands and distribution channels.

The launch of the new Cerelac format (200 g) helped support sales growth in the third quarter, while investments continue in the Yopougon and Zone 4 factories to modernize production, says company management. 

In a regional context marked by high logistics costs and volatile energy prices, Nestlé Côte d’Ivoire anticipates a gradual improvement in its profitability in the fourth quarter of 2025, thanks to the continuation of its efficiency measures and the stabilization of consumer markets in West Africa.

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