Unilever Nigeria’s unaudited filing with the Nigerian Exchange showed nine-month profit after tax up 20.1% to ₦26.403 billion through Sept. 30, 2026, while a separate notice set a second ₦2 interim dividend for the year.
Revenue rose 18.4% to ₦184.007 billion from ₦155.410 billion a year earlier. Earnings per share increased to ₦4.60 from ₦3.83, while gross profit climbed to ₦85.463 billion from ₦63.965 billion.
Foods sales grew to ₦123.117 billion from ₦94.884 billion. Personal Care revenue declined to ₦42.367 billion from ₦43.920 billion, while Beauty & Wellbeing sales increased to ₦18.523 billion from ₦16.607 billion. Foods represented about 66.9% of revenue, up from 61.1% in the year-earlier period.
Operating profit reached ₦38.542 billion, compared with ₦30.463 billion. Marketing and administrative expenses rose to ₦40.303 billion from ₦29.508 billion. Brand and marketing costs rose about 74% to ₦21.077 billion from ₦12.098 billion; the filing said the initiatives were intended to build market presence and customer engagement.
Nigeria accounted for 98% of sales, according to the filing. Domestic sales were ₦180.362 billion, while exports totaled ₦3.645 billion.
Managing Director Tobi Adeniyi pointed to constrained household disposable incomes as a factor behind pressure on consumer demand in the third quarter. The company statement also cited product availability, innovation and disciplined execution as priorities.
The October dividend notice set the payment at ₦2 per share, subject to withholding tax. That is four times the ₦0.50 interim dividend disclosed for 2025 and matches the ₦2 interim dividend announced for the first half of 2026.
Shareholders on the register by Oct. 30 qualify for the payment. The register will close from Nov. 2 through Nov. 6, and electronic payment is scheduled for Nov. 18 for eligible shareholders who have completed e-dividend registration.
