Unilever Nigeria Plc has released its unaudited interim report for the twelve-month period ended 31st December 2024, recording a turnover of N149.8 billion, which represented 44 per cent growth compared to N103.9 billion recorded in the corresponding period in 2023.
The company recorded a gross profit of N55.7 billion, which was a 75 per cent increase compared to N31.9 billion reported for the same period 2023.
The net profit was N15.9 billion, about 88 per cent higher than the N8.4 billion it recorded in the previous year.
Speaking on the results, the Managing Director, Tobi Adeniyi, said: “Our year-on-year sustained growth trajectory is a testament to our commitment of serving consumers with our best brands to meet their daily needs of improved health and hygiene.
“While we are pleased with our performance progress riding on the pillars of operational efficiency, cost optimization, purposeful brands and increasing market share across key categories, we are committed to growing our business to enhance our socioeconomic impact in the country.”
