Unilever Nigeria Plc says its profit after tax rose to N32 billion for the year ended Dec. 31, 2025, compared with N15 billion recorded in the same period in 2024.
The company disclosed this in its audited financial results released on Monday in Lagos.
It also posted a turnover of N214 billion, representing an increase of 43 per cent compared with N150 billion recorded in 2024.
Its gross profit grew by 62 per cent to N90 billion in the period under review.
Speaking on the results, the Managing Director of Unilever, Mr Tobi Adeniyi, said: “Our strong full-year performance reflects a business that is sharper, faster and built to win.
“This momentum stems from focusing our resources on our power brands.
“These iconic brands continue to anchor our growth and benefit from structural tailwinds across the categories in which we operate.
“Our disciplined approach reinforces Unilever’s collective intent to build a simpler, sharper organisation with a future-ready portfolio and brands that drive desirability at scale.”
Adeniyi further highlighted how the current business model translates to better value for consumers.
He added: “We have revamped our operations by embedding clarity, accountability, and speed at the heart of our processes.
“We are now better positioned to innovate and serve the millions of Nigerian households that use our products daily.
“We have strengthened our ‘play-to-win’ culture, where excellence in innovation and execution is non-negotiable.
“We are committed to a culture of discipline that relentlessly improves our cost structures and elevates the overall consumer experience”.
