Cadbury Nigeria Plc has announced a revenue of N126.69billion for the nine months ended 30 September 2026, following the approval of the Company’s unaudited financial statements by its Board of Directors. This represents an increase of 6 percent over the N 119.25 billion revenue that the Company posted in the same period in 2025.
According to a statement issued by Cadbury’s Head of Corporate Communications and Government Affairs, Frederick Mordi, the Company’s gross profit grew by 32 percent from N27.75 billion to N36.50 billion in the period under review. This significant growth in gross profit indicates a positive trend in the company's financial performance.
Cadbury Nigeria also reported a profit of N 10.14 billion, which translates to a 5 percent increase compared to the N 9.68 billion reported in the same period in 2025. Its profit before tax increased by 5 percent from N13.82 billion to N14.48 billion. These increases demonstrate the company's ability to maintain profitability despite challenging operating conditions.
The Company’s total equity rose by 75.6 percent from N13.42 billion to N23.56billion, while its basic earnings per share also increased by 5 percent from 424k to 445k. This growth in equity and earnings per share reflects positively on the company's financial health and its ability to generate returns for shareholders.
Commenting on the result, Ayman Fahmy Gaafar, Managing Director, Cadbury Nigeria, said the Company delivered sustainable growth despite the challenging operating environment in the country. Ayman emphasized that the company will continue to build on its operational capabilities and strengthen cost management measures to achieve its business objectives.
Cadbury Nigeria had announced the appointment of Dr. ’Doyin Salami as new Chairman in August this year, following the resignation of Mr. Adedotun Sulaiman. The Board also announced the appointment of Mrs. Uwa Osa-Oboh as an Independent Non-Executive Director. These appointments bring new expertise and perspectives to the company's leadership.
Meanwhile, Cadbury Nigeria emerged top winner at this year’s Chartered Institute of Personnel Management of Nigeria (CIPM) HR OSCARS held in Abuja recently. The Company won in three categories namely: Talent Acquisition; Adoption of Technology; and Employee Engagement and Internal Communication, where it achieved a perfect 100 percent score.
Key points
- Cadbury Nigeria Plc has announced a revenue of N126.69billion for the nine months ended 30 September 2026.
- The Company’s gross profit grew by 32 percent from N27.75 billion to N36.50 billion in the period under review.
- Cadbury Nigeria emerged top winner at this year’s Chartered Institute of Personnel Management of Nigeria (CIPM) HR OSCARS.
