Cadbury Nigeria Plc has recorded a remarkable turnaround in its financial performance, posting a profit before tax (PBT) of ₦14.54 billion in the first half (H1) of 2025. This marks a 205 percent increase compared to a pre-tax loss of ₦13.88 billion recorded in the same period in 2024.
The FMCG giant saw its gross profit soar by 128 percent, rising from ₦9.59 billion in H1 2024 to ₦21.86 billion in H1 2025. Profit after tax also swung sharply into the positive, hitting ₦10.18 billion—another 205 percent jump from the ₦9.72 billion loss posted in the first six months of 2024.
Turnover climbed 50 percent year-on-year, growing from ₦51.44 billion in H1 2024 to ₦77.25 billion in the same period this year. Basic earnings per share (EPS) rebounded to 446 kobo, a dramatic reversal from a loss of 426 kobo per share one year earlier.
The company, which celebrated its 60th anniversary on January 9, 2025, attributes its stellar performance to a combination of strategic factors.
According to Oyeyimika Adeboye, Managing Director of Cadbury Nigeria, the result reflects “robust topline growth, continued resource optimisation, and cost management efforts aimed at protecting margins.” She added that the relative stability of the naira in recent months has aided better business planning.
“We, at Cadbury Nigeria, remain committed to delivering value for our stakeholders, particularly our shareholders, despite operating in a challenging business environment,” Adeboye said. “We will keep a clear focus on our goals with the support of Mondelez International, our parent company that strongly believes in the potential of Nigeria.”
The announcement was made alongside the release of the company’s unaudited financial statements for the first half of the year, as approved by its Board of Directors. The statement was issued by Frederick Mordi, Head of Corporate Communications and Government Affairs at Cadbury Nigeria.
The impressive financial results underline a strong comeback for the confectionery and beverages leader, reinforcing its resilience in Nigeria’s evolving consumer market.
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