Unilever Nigeria posts 20% jump in nine-month profit, raises interim dividend fourfold
Nigeria, Oct. 24 -- Unilever Nigeria reported an increase of 20.1 per cent in net profit for the nine months to September, compared to the corresponding period of 2025, according to the latest corporate results of the fast-moving consumer goods manufacturer released on Friday.
The improvement in earnings derived largely from a fairly stronger revenue, which climbed to N184 billion from N155.4 billion a year earlier, thanks to higher sales from the company's food business.
The food division contributed 66.9 per cent to turnover, up from 61.1 per cent a year ago, while the two other divisions - personal care and beauty & wellbeing - contributed 23 per cent and 10.1 per cent in that order.
Unilever Nigeria, whose products include top bran...
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