Nestlé Nigeria Grows Revenue 43% to N581.1 Billion in H1 2025 as Profit Hits N50.6 Billion

Nestlé Nigeria Plc has reported a 3% year-on-year growth in revenue to N581.1 billion for the first half of 2025.

This top-line performance led to the company’s profit revival and reinforced investor confidence in the firm’s path to recovery.

The company posted a net profit of N50.6 billion in the first half of 2025, a reversal from a N176.6 billion loss a year ago.

This turnaround was driven by strong consumer demand and a more stable macroeconomic environment.

Operating profit more than doubled to N130.4 billion, while profit before tax swung to N88.4 billion, compared to a N252.5 billion loss in H1 2024.

The company’s equity position also improved by N50.6 billion, partly due to the early repayment of a $20 million inter-group foreign currency loan in Q2.

Nestlé’s share price closed at N1,890 on Tuesday, gaining 30% in recent weeks and 115% year-to-date, outpacing the broader consumer goods index on the Nigerian Exchange.

Despite lingering macroeconomic headwinds, Nestlé’s consistent performance, improved cost structure, and reduced foreign exposure suggest sustained momentum through H2 2025.

The food giant appears well-positioned to navigate Nigeria’s evolving consumer market and economic landscape.