Nestlé Nigeria stops bleeding, amid strong net income
Fast overview
- Nestlé Nigeria rebounded from a N142.7 billion loss in Q1 2024 to a revenue after tax of N30.2 billion in Q1 2025.
- The corporate’s gross sales surged by 61%, rising from N183.4 billion to N294.9 billion year-over-year.
- Working revenue elevated by 254% to N74.1 billion, reflecting improved gross sales efficiency and operational effectivity.
- Shareholders’ fairness rose by N30.0 billion, indicating enhanced monetary resilience and elevated investor worth.
Nestlé Nigeria made a powerful comeback from a N142.7 billion loss in Q1 2024 with a revenue after tax of N30.2 billion within the first quarter of 2025.
The meals and beverage behemoth posted a revenue earlier than tax of N51.2 billion within the first quarter, in distinction to the pre-tax lack of N196.1 billion reported within the first quarter of the earlier yr
The corporate’s gross sales grew by 61% from N183.4 billion within the first quarter of 2024 to N294.9 billion within the first quarter of 2025. The price of gross sales elevated from N134.4 billion to N175.1 billion, however the gross revenue of N119.7 billion greater than doubled the N49.0 billion earned within the first quarter of 2024.
Moreover, working revenue elevated by 254% to N74.1 billion from N20.9 billion within the first quarter of 2024, indicating higher gross sales efficiency and elevated operational effectivity. The corporate’s web financing prices decreased considerably from N217.0 billion the yr earlier than, regardless of a large finance price of N23.5 billion.
Moreover, Nestlé Nigeria recorded a N30.0 billion improve in shareholders’ fairness through the quarter, indicating elevated investor worth and enhanced monetary resilience.
Nestlé Nigeria’s working revenue climbed dramatically from N20.9 billion in January to March 2024 to N74.1 billion in the identical interval of 2025, together with a notable enchancment in working margins.
