Nestlé Nigeria swings to N37.2 billion Q2 revenue as gross sales surge, finance prices plunge 

Nestlé Nigeria Plc has delivered a powerful turnaround in its Q2 2025 {financial} outcomes, posting a pretax revenue of N37.2 billion, a pointy rebound from the N56.4 billion loss recorded in the identical interval final 12 months.

The restoration momentum extends throughout the half-year, with pretax revenue reaching N88.3 billion, a outstanding comeback from the N252.5 billion loss reported in H1 2024.

This spectacular efficiency was pushed largely by a pointy drop in finance prices and a stable enhance in income.

In Q2 alone, income surged 28.08% year-on-year to N286.2 billion, in comparison with N223.4 billion in Q2 2024. For the half-year, whole income climbed to N581.1 billion, representing a 42.79% improve.

However, the price of gross sales additionally rose in tandem with the gross sales progress, reaching N181 billion in Q2, up 24.61% from N145.2 billion a 12 months earlier.

Advertising and distribution bills spiked to N38.8 billion, from N31.2 billion in Q2 2024.

Maybe essentially the most putting growth was the dramatic reduce in finance prices, which dropped from N99.3 billion to simply N19.7 billion in Q2, considerably aiding the restoration.

Nestlé additionally reported a 4.78% improve in whole property, now standing at N899.7 billion.

Giving insights on the corporate’s outlook, Mr. Wassim Elhusseini, CEO of Nestlé Nigeria, acknowledged:

“We’ll proceed to deal with bettering our margin administration whereas driving innovation and renovation to satisfy altering shopper wants. We can even preserve our funding in neighborhood packages that create sustainable worth for our stakeholders.” 

As of the shut of buying and selling on July 30, 2025, shares of the corporate have been priced at N1,890, reflecting a year-to-date efficiency of +116%.