Unilever Nigeria Plc has actually launched its unaudited monetary declaration for the nine-month duration ended 30 September 2026, taping ongoing development in profits and success, underpinned by strong brand name basics, disciplined operations and path to market execution.
The Company taped profits of 184.0 billionrepresenting development of 18% compared to 155.4 billion in the matching duration of 2025. Gross earnings increased by 34% to 85.5 billion from 63.9 billion in the prior-year duration, with gross margin enhancing to 46.4% from 41.2%Operating earnings increased by 27% to 38.5 billionwhile net earnings increased by 20% to 26.4 billioncompared to 21.9 billion in the matching duration of 2025.
The business’s Board has actually authorized an interim dividend of 2.00 k per normal share, subject to suitable withholding tax, payable to investors whose names appear on the Register of Members as at the close of service on 30 October 2026. The overall interim dividend payable total up to 11.5 bn, showing the business’s monetary efficiency and continued dedication to providing worth to investors.
Discussing the outcomes, the Managing Director, Tobi Adeniyi, stated,”Our efficiency in the very first 9 months of 2026 shows the hidden strength and durability of our organization. While customer need came under increased pressure in the 3rd quarter as home non reusable earnings stayed constrained, we remained concentrated on providing worth, enhancing accessibility, carrying out pertinent development and preserving disciplined execution.
This focus provided constant profits development, a 34% boost in gross revenue, and 20% development in net earnings. We continue to develop a more well balanced portfolio through sharper options, available development and targeted brand name financial investment that enhance customer choice and assistance sustainable, successful development.
He included:”We stay positive in the long-lasting capacity of Nigeria and are devoted to investing properly in our brand names, operations and individuals. Our concern is to construct on these strong basics, reinforce efficiency throughout the portfolio and develop long-lasting worth for customers, consumers, investors and our larger stakeholder neighborhood as we work to Brighten Everyday Life for All Nigerians.
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