WATCH THE VIDEO HERE Nestle Nigeria Plc has continued its recovery path, reporting a pre-tax profit of N51.15 billion in Q1 2025, marking a strong rebound from the N196.086 billion loss posted in the same period of 2024. This follows a return to profitability in Q4 2024 and signals growing stability in the company’s financial performance. The unaudited results also show a post-tax profit of N30.178 billion, representing 121 year-on-year growth. Nestle Nigeria has extended its recovery streak, turning in another profitable quarter. After bouncing back to profit in the last quarter of 2024, the company has kept that momentum going in early 2025. A major turning point came from a sharp drop in finance costs. Last year, the company lost a lot of money due to exchange rate changes. This time around, those losses almost disappeared, giving profits a significant lift. Earnings per share more than doubled, showing that shareholders are seeing real benefits from the improved results. Given this strong domestic focus and recent financial turnaround, investors may feel they deserve stronger returns. Encouragingly, the company’s share price has seen a remarkable improvement this year, with a year-to-date gain of 25.7%, a sharp reversal from the 20.25% loss recorded during the same period last year.
Nestle posts N295 billion in revenues, best quarter ever
