Revenue grew by 57 percent to ₦37.23 billion in the first quarter of 2025 while gross profit surged by 143 percent to ₦12.15 billion as Cadbury Nigeria Plc delivered a strong financial performance following a challenging prior year.
Profit before tax stood at ₦8.54 billion, reversing a loss of ₦10.46 billion recorded in Q1 2024 while profit after tax rose to ₦5.98 billion compared to a loss of ₦7.32 billion.
The unaudited results reflect improved market penetration, disciplined cost control and operational resilience despite Nigeria’s persistent inflationary pressures and volatile foreign exchange environment.
Operating profit rose sharply by 251 percent to ₦9.69 billion compared to ₦2.76 billion in the previous year, underscoring the company’s strengthened efficiency and margin recovery.
Shareholders’ equity expanded by 137 percent to ₦10.36 billion while earnings per share turned positive at 262 kobo against a loss per share of 321 kobo in the corresponding quarter of 2024.
Cadbury Nigeria’s strong start to the year reinforces its strategic recovery efforts, positioning the company for a better full-year outlook if macroeconomic stability is maintained.
