…Appoints new Non-Executive Director
Cadbury Nigeria Plc has announced a profit before tax (PBT) of N17.27billion for the full year 2025, following the Company’s Board of Directors’ approval of its unaudited financial statements. This represents a 161 per cent increase in profit over the loss of N28.33billion that the Company recorded for the same period in 2024.
The Company’s gross profit rose by 101 per cent from N18.23billion to N36.60billion in the period under review, while it reported a profit of N12.09billion for the year ended 31 December 2025, reversing a loss of N22.22billion that it had reported for the year ended 2024. This translates to a 154 per cent increase.
A statement from the Company said Cadbury Nigeria’s turnover grew by 31 per cent from N129.17billion for the year ended 2024, to N169.84billion for the year ended 2025, while its basic earnings per share (EPS) increased by 154 per cent to 530 kobo, reversing a loss of 975 kobo recorded for the year ended 31 December 2024.
Commenting on the Company’s stellar performance, Folake Ogundipe, Interim Managing Director, Cadbury Nigeria, said increased operational effectiveness and resilience that the business is known for were the main drivers of growth, and ultimately, its return to profitability, in the year under review.
Ogundipe added: “There were also some improvements in the business environment in 2025, which recorded more stability in forex supply and moderating inflation, when compared to 2024. This gave businesses operating in the country the much-needed respite, leading to profitable outcomes.”
Meanwhile, Cadbury Nigeria has announced the appointment of Ms. Sree Patel as a Non-Executive Director on its Board. Ms. Patel is currently the Vice President and Chief Counsel, Asia Middle East and Africa (AMEA) Region in Mondelez International, Cadbury Nigeria’s parent company. She is also a Director on the Board of Mondelez India, a member of the Mondelez AMEA Region Leadership Team, and a member of the Mondelez Global Legal Leadership Team.
Prior to Mondelez, Ms. Patel was with GlaxoSmithKline Pharmaceuticals Limited (GSK), part of the GlaxoSmithKline Plc group of companies, where she held positions of increasing responsibility. Her last role in GSK was Vice President, Legal and Corporate Affairs. She had also previously worked with the Tata Group of companies.
The statement was issued by Frederick Mordi, the Company’s Head of Corporate Communications and Government Affairs.
