Unilever Nigeria Plc has launched its unaudited monetary assertion for the nine-month interval ended 30 September 2026, recording continued growth in income and profitability, underpinned by robust model fundamentals, disciplined operations and path to market execution.
The Company recorded income of ₦184.0 billion, representing growth of 18% in contrast with ₦155.4 billion within the corresponding interval of 2025. Gross profit elevated by 34% to ₦85.5 billion from ₦63.9 billion within the prior-year interval, with gross margin bettering to 46.4% from 41.2%. Operating profit rose by 27% to ₦38.5 billion, whereas net profit elevated by 20% to ₦26.4 billion, in contrast with ₦21.9 billion within the corresponding interval of 2025.
Furthermore, the corporate’s Board has authorized an interim dividend of ₦2.00k per strange share, topic to relevant withholding tax, payable to shareholders whose names seem on the Register of Members as on the shut of enterprise on 30 October 2026. The whole interim dividend payable quantities to ₦11.5bn, reflecting the corporate’s monetary efficiency and continued dedication to delivering worth to shareholders.
Commenting on the outcomes, the Managing Director, Tobi Adeniyi, mentioned, “Our efficiency within the first 9 months of 2026 displays the underlying energy and resilience of our enterprise. While client demand got here underneath elevated strain within the third quarter as family disposable incomes remained constrained, we stayed targeted on delivering worth, strengthening availability, executing related innovation and sustaining disciplined execution.
“This focus delivered consistent revenue growth, a 34% increase in gross profit, and 20% growth in net profit. We continue to build a more balanced portfolio through sharper choices, accessible innovation and targeted brand investment that strengthen consumer preference and support sustainable, profitable growth.”
He added: “We remain confident in the long-term potential of Nigeria and are committed to investing responsibly in our brands, operations and people. Our priority is to build on these strong fundamentals, strengthen performance across the portfolio and create enduring value for consumers, customers, shareholders and our wider stakeholder community as we work to Brighten Everyday Life for All Nigerians.”
