Nestlé Nigeria migrates from N252.2bn loss in H1 2025 to N88.39bn PBT

Nestlé Nigeria Plc has reported a notable increase in profitable growth and a substantial growth in its operating and financial performance for half year (H1) ended June 30, 2025.

The company achieved a profit before tax of N88.4 billion in H1 2025, marking a significant turn-around from a loss of -N252.2 billion in H1 2024.

The Fast Moving Consumer Goods (FMCG) company listed on the Nigerian Exchange Limited (NGX) reported a profit after tax of N50.6 billion in H1 2025 compared to a loss of -N176.6 billion in H1 2024.

Nestlé Nigeria declared a robust N581.1 billion revenue in H1 2025, 43per centtt increase compared to N406.97 billion in H1 2024.

In his remarks on the results, CEO/Managing Director of Nestlé Nigeria, Mr. Wassim Elhusseini in a statement stated, “The robust topline growth of 43 per cent and profit after tax of N50.6 billion in H1 2025 support our return to profitability which commenced in Q4 2024.

“This performance reflects our unwavering commitment to operational excellence, the support of our stakeholders and the dedication of our team to drive sustainable growth in the face of evolving challenges.”

Looking ahead, Elhusseini stated, “We will continue to focus on improving our margin management while driving innovation and renovation to meet changing consumer needs. We will also maintain our investment in community programs that create sustainable value for our stakeholders.”