Unilever Nigeria Plc sustains double-digit growth momentum in Q1 2026 unaudited results

Unilever Nigeria Plc

Unilever Nigeria Plc has announced 26 per cent increase in revenue to N59.2 billion, compared to N46.9 billion in the same period last year in its unaudited financial results for the first quarter ended 31 March 2026.

The company operating profit also rose by 39 per cent to N11.5 billion, up from N8.3 billion in the prior year, while net profit increased by 26 per cent to N7 billion.

Commenting on the performance, the Managing Director, Tobi Adeniyi, rdaof the company’s first quarter 2026 results represent a strong start to the year and a clear signal that the momentum delivered in 2025 is being sustained.

Adeniyi said growth in the quarter was driven primarily by increased volume, underpinned by innovation and strong marketplace execution.

According to Adeniyi, this performance reflects the company’s continued operational discipline and commitment to delivering sustainable value.

“We will continue to elevate the consumer experience while reinforcing a ‘play-to-win’ culture where we focus on winning with Nigerians, strengthening the proposition and desirability of our brands, and executing with speed and excellence across all categories.

“With over a century of manufacturing heritage in Nigeria, every Unilever product reflects a legacy of quality and trust. Through their portfolio of beloved brands, the company reaffirms its commitment to brighten everyday life for all,” Adeniyi stated.

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