Cadbury Nigeria Plc reported profit before tax of N14.48 billion for the nine months ended September 30, up 5 percent from N13.82 billion in the same period last year. Revenue climbed 6 percent to N126.69 billion from N119.25 billion, while gross profit surged 32 percent to N36.50 billion from N27.75 billion, according to the company's results.
Net profit reached N10.14 billion, also up 5 percent compared with N9.68 billion in the prior-year period. Earnings per share increased 5 percent to 445 kobo from 424 kobo. The company's total equity grew substantially, rising 75.6 percent from N13.42 billion to N23.56 billion, the company said.
Cadbury Nigeria is 79.39 percent-owned by Mondelēz International, with the remaining 20.61 percent held by indigenous, individual and institutional investors. The company produces beverages, confectionery and gum products including Bournvita, Hot Chocolate 3 in 1, TomTom, Buttermint and Clorets.
Managing Director Ayman Fahmy Gaafar attributed the results to operational capabilities and cost management discipline. He said the company would continue strengthening these measures and innovating to serve Nigerian consumers better. The company also made board changes in 2026, appointing Doyin Salami as Chairman in August following Adedotun Sulaiman's resignation, and named Uwa Osa-Oboh as an Independent Non-Executive Director. Salami previously served as Chief Economic Adviser to former President Muhammadu Buhari, while Osa-Oboh is Head of Corporate Development at Capital Alliance Nigeria.
The results show profit growth for savers and investors who hold equity in the company, though the expansion rate slowed compared to the larger gains in gross profit, suggesting pricing or volume pressures remain in the market.