Cadbury Nigeria Plc has reported a revenue of N126.69 billion for the nine months ended September 30, 2026, representing a six per cent increase from the N119.25 billion recorded in the corresponding period of 2025. This growth is a significant milestone for the company, demonstrating its resilience in a challenging operating environment. The company's financial performance has been steadily improving, and this recent report further solidifies its position in the market.
The company's gross profit also recorded a 32 per cent growth, rising to N36.50 billion from N27.75 billion in the previous year. This increase reflects improved performance during the period, driven by effective cost management measures and operational capabilities. Profit after tax increased by five per cent to N10.14 billion, compared with N9.68 billion recorded in the corresponding period of 2025. These results indicate a positive trend in the company's financial health.
Cadbury Nigeria's profit before tax also rose by five per cent to N14.48 billion from N13.82 billion, while total equity increased by 75.6 per cent to N23.56 billion from N13.42 billion. Additionally, basic earnings per share grew by five per cent to 445 kobo from 424 kobo in the corresponding period of the previous year. These metrics demonstrate the company's ability to generate value for its stakeholders.
Commenting on the performance, the Managing Director of Cadbury Nigeria, Ayman Fahmy Gaafar, said the company achieved sustainable growth despite the challenging operating environment. He attributed this success to the company's focus on strengthening its operational capabilities and cost management measures. Gaafar also emphasized the company's commitment to innovation, stating that it would continue to pursue new ways to meet changing consumer needs.
Cadbury Nigeria has also emerged as the overall winner at the 2026 Chartered Institute of Personnel Management of Nigeria (CIPM) HR OSCARS, winning awards in three categories. The awards, presented at the CIPM's International Conference and Exhibition held in Abuja, recognised Cadbury Nigeria's performance in Talent Acquisition, Adoption of Technology, and Employee Engagement and Internal Communication. This recognition highlights the company's efforts to align its people management strategies with its business objectives.
The CIPM HR OSCARS provide independent recognition of organisations demonstrating excellence in human resource management and workplace practices. Cadbury Nigeria's perfect 100 per cent score in the Employee Engagement and Internal Communication category is a notable achievement, demonstrating its commitment to fostering a positive work environment. This recognition further solidifies the company's reputation as a leader in its industry.
In recent developments, Cadbury Nigeria announced the appointment of Dr Doyin Salami as its new Board Chairman in August, following the resignation of Adedotun Sulaiman. The company also appointed Uwa Osa-Oboh as an Independent Non-Executive Director. These appointments bring new expertise and perspectives to the company's leadership, positioning it for continued growth and success.
Key points
- Cadbury Nigeria reports N126.69 billion revenue for nine months, a 6% increase from 2025.
- The company wins three CIPM awards for Talent Acquisition, Adoption of Technology, and Employee Engagement and Internal Communication.
- Cadbury Nigeria's profit after tax increases by 5% to N10.14 billion.
