Cadbury Nigeria Plc has posted a remarkable profit before tax (PBT) of ₦14.535 billion for the first half of 2025, following board approval of the company’s unaudited financial results. This figure represents an impressive 205% increase compared to the ₦13.880 billion loss recorded during the same period in 2024.
The company also experienced a substantial 128% growth in gross profit, rising from ₦9.587 billion to ₦21.859 billion. Additionally, Cadbury Nigeria reported a profit after tax of ₦10.175 billion, reversing a ₦9.716 billion loss in H1 2024 — marking a 205% turnaround.
According to the company’s statement, turnover jumped by 50%, from ₦51.440 billion in the first half of 2024 to ₦77.251 billion in the corresponding period of 2025. Basic earnings per share (EPS) improved dramatically by 205% to 446 kobo, reversing a loss of 426 kobo recorded for the first six months of 2024.
Oyeyimika Adeboye, Managing Director of Cadbury Nigeria, attributed the company’s strong performance to robust revenue growth, effective resource optimization, and diligent cost management, which helped preserve margins. Adeboye also noted that the relative stability of the Nigerian Naira supported better business planning throughout the period.
“We remain dedicated to creating value for our stakeholders, especially our shareholders, despite the challenging operating environment,” Adeboye said. “With the continued backing of Mondelez International, our parent company, which strongly believes in Nigeria’s potential, we will maintain a clear focus on achieving our strategic goals.”
The company also marked its 60th anniversary on January 9, 2025, a milestone highlighted in a statement released by Frederick Mordi, Head of Corporate Communications and Government Affairs at Cadbury Nigeria.