Cadbury Nigeria Plc has announced a significant turnaround in financial performance for the first half of 2025, recording a profit before tax (PBT) of N14.535 billion.
This marks a remarkable 205% increase compared to a loss of N13.880 billion reported in the same period last year, following the approval of the unaudited financial statements by the Board of Directors.
The company’s gross profit experienced a substantial increase of 128%, rising from N9.587 billion in H1 2024 to N21.859 billion in 2025. Additionally, Cadbury Nigeria posted a profit of N10.175 billion for the period, reversing a loss of N9.716 billion previously recorded—a growth of 205%.
Turnover also saw impressive growth, climbing by 50% from N51.440 billion in the first half of 2024 to N77.251 billion in 2025. The company’s basic earnings per share (EPS) surged by 205% to 446 kobo, rebounding from a loss of 426 kobo in the same period last year.
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Commenting on the company’s strong performance, Oyeyimika Adeboye, Managing Director of Cadbury Nigeria, attributed the growth to robust revenue streams, effective resource optimization, and strict cost management aimed at protecting profit margins.
She noted that the relative stability of the Naira has also played a key role in enabling better business planning.
Adeboye emphasized the company’s ongoing commitment to creating value for stakeholders despite challenging operating conditions. “We at Cadbury Nigeria are dedicated to delivering sustainable growth and shareholder value, supported by Mondelez International, our parent company, which remains optimistic about Nigeria’s market potential,” she stated.
The statement also marked Cadbury Nigeria’s 60th anniversary, celebrated on January 9, 2025, highlighting the company’s longstanding presence in Nigeria’s confectionery and beverage sectors.
