Unilever Nigeria Plc has attributed its strong 2025 financial performance to operational resilience, strategic investments and improved efficiency across its operations.
Speaking at the company’s Annual General Meeting held in Lagos, Chairman of Unilever Nigeria, Bolaji Balogun, said the company’s growth reflected its ability to remain resilient while expanding capacity and strengthening key product categories.
Shareholders at the meeting approved a final dividend of N3.25 per share, bringing the total dividend payout for the 2025 financial year to N3.75 per share after the earlier payment of an interim dividend of 50 kobo.
Financial results presented at the AGM showed that the company recorded a turnover of N214.30bn in 2025, compared to N149.52bn posted in the previous year.
Profit after tax also more than doubled to N32.20bn from N15.14bn recorded in 2024.
Balogun explained that the improved performance was supported by investments aimed at expanding production capacity and driving long-term sustainable growth.
According to him, the dividend payout demonstrates the company’s commitment to rewarding shareholders while continuing to invest in future expansion and business sustainability.
Managing Director of Unilever Nigeria, Tobi Adeniyi, described the company’s strong results as a reflection of disciplined execution and strategic focus across its operations.
He said the company concentrated on high-growth product categories and key brands while simplifying operations and strengthening innovation to remain competitive in the market.
Adeniyi added that sharper business decisions and an improved innovation pipeline also contributed significantly to the company’s performance during the financial year.
On his part, the Finance Director, Ibrahim Sodipe, said Unilever Nigeria had maintained consistent growth over the past five years through operational efficiency, innovation and increased product volumes.
According to him, the company’s strategy has continued to improve profitability and deliver better returns to shareholders.
One of the shareholders at the meeting, Kolawole Durojaiye, commended the management team for its discipline and effective corporate management, saying the company’s improved revenue and profit growth had translated into stronger dividend payments for investors.
