Nestlé Nigeria reports US$885M revenue in full year 2025

NIGERIA – Nestlé Nigeria has reported a revenue of US$885 million (N1.21 trillion), while gross profit rose 42 percent to US$319 million (N435.9 billion) in full year 2025.

The maker of Maggi cubes and Milo posted net income of US$77 million (N104.97 billion), according to its audited statement. Profit before tax stood at US$122 million (N166.85 billion), driven by pricing power as by relief below the operating line.

EBITDA was approximately US$194 million (N264.5 billion), reflecting strong operational cash flow generation. Net Assets: Returned to a positive position of US$9.45 million (N12.9 billion) from a negative position of US$67.6 million (N92.3 billion) in 2024.

“We successfully navigated a challenging economic landscape to deliver a significant turnaround in profitability, driven by strong revenue growth and disciplined operational management. Our performance reflects the resilience of our brands, the effectiveness of our route-to-market strategies, and the unwavering dedication of our team.

“Throughout the year, we remained committed to our core mission of unlocking the power of food to enhance quality of life for everyone, today and for generations to come. This was underpinned by our long-term strategy of Creating Shared Value, with substantial investments in local sourcing, youth empowerment through our technical training programmes, and community development initiatives across Nigeria, the company stated.

Total liabilities remained elevated at US$610 million (N833.3 billion), exceeding total assets of US$620 million (N846.2 billion) by only a narrow margin of equity. Non-current borrowings alone stood at US$331 million (N452.3 billion).

Deferred tax assets fell to US$37.1 million (N50.7 billion), while cash and short-term deposits rose to US$25.9 million (N35.4 billion).

No dividend was declared for the second consecutive year, as management opted to conserve cash and rebuild capital buffers.

Future Outlook

The company stated that the forward-looking strategy is centred on sustainable growth, innovation, and deepening our positive impact on society.

It will continue to invest in its brands, people, and communities to drive long-term value, the focus remaining on delighting consumers with affordable, accessible, and nutritious food and beverage products that meet their evolving needs.

“While we anticipate that the economic environment may present further challenges, our robust operational foundation and the strategic support from our parent company, Nestlé S.A., position us well for continued growth. We will maintain our focus on cost efficiency, innovation, and expanding our market reach to sustain our growth trajectory and deliver value to our shareholder, the company noted.

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