Unilever Nigeria Plc delivered a robust first-quarter performance in 2025, doubling its profit after tax to N5.55 billion from N3.36 billion in the same period of 2024, signaling a strong comeback powered by improved cost control, higher revenue, and disciplined capital management.
The company’s revenue grew 45 percent year-on-year to N46.98 billion, up from N32.32 billion in Q1 2024, driven by strong sales across all three of its core segments—food products, personal care, and beauty & wellbeing.
Food products, in particular, led the charge with N27.5 billion in revenue, contributing nearly 59 percent to the top line. This growth demonstrates a successful pricing and volume strategy, especially in a volatile consumer goods market.