Unilever Nigeria Plc recorded revenue of N184 billion, representing an 18 per cent growth in its unaudited financial results for the nine-month period ended September 30, 2026, compared with the N55.4 billion in the corresponding period of 2025.

The company’s Gross profit lsoi increased by 34 per cent to N85.5 billion from N63.9 billion in the prior-year period, with gross margin improving to 46.4 per cent from 41.2 per cent.

The company’s operating profit rose by 27 per cent to N38.5 billion, while net profit increased by 20 per cent to N26.4 billion, compared with N21.9 billion in the corresponding period of 2025.

Furthermore, the company’s Board has approved an interim dividend of N2.00k per ordinary share, subject to applicable withholding tax, payable to shareholders whose names appear on the Register of Members as at the close of business on 30 October 2026.

The total interim dividend payable amounts to Nl1.5 billion, reflecting the company’s financial performance and continued commitment to delivering value to shareholders.

The company stated that the continued growth in revenue and profitability is underpinned by strong brand fundamentals, disciplined operations and route to market execution.

Commenting on the results, the Managing Director, Unilever Nigeria Plc, Tobi Adeniyi, said, the performance in the first nine months of 2026 reflects the underlying strength and resilience of the company’s business.

He also while consumer demand came under increased pressure in the third quarter as household disposable incomes remained constrained, the management stayed focused on delivering value, strengthening availability, executing relevant innovation and maintaining disciplined execution.

“This focus delivered consistent revenue growth, a 34 per cent increase in gross profit and 20 per cent growth in net profit. We continue to build a more balanced portfolio through sharper choices, accessible innovation and targeted brand investment that strengthen consumer preference and support sustainable, profitable growth,” he stated.

Adeniyi said the company remains confident in the long-term potential of Nigeria and committed to investing responsibly in its brands, operations and people.

He said the company’s priority is to build on these strong fundamentals, strengthen performance across the portfolio and create enduring value for consumers, customers, shareholders and its wider stakeholder community.