Unilever Nigeria Plc on Thursday reported a pre-tax profit of N13.4 billion, up from N10.7 billion recorded in the corresponding period of 2025.
In its just-published Q1 2026 results, improvement was driven by a strong top line, with revenue rising to N59.1 billion, marking a 25.96% increase from N46.9 billion recorded in the same period last year.
The performance extended to the bottom line, as earnings per share increased to N1.22, compared to N0.97 recorded in the corresponding period of the prior year.
Of total revenue, Foods, including savoury products, accounted for 63.7% of sales, followed by personal care products at 26.8%, while skin care products contributed the remaining share.
Key highlights included revenue of N59.1 billion, up 25.96% YoY. This comprised N37.6 billion from Foods, N15.8 billion from personal care products, and N5.6 billion from Beauty & Wellbeing.
