• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Cadbury releases 2019 FY result, grows profit by 26%

Chike Olisah by Chike Olisah
March 23, 2020
in Business News, Company News, Company Results
Cost pressure dampens earnings growth outlook, Cadbury releases FY result for 2019, grows profit by 26%, Cadbury makes some board changes

Oyeyimika Adeboye, Cadbury Nigeria MD

Share on FacebookShare on TwitterShare on Linkedin

Food and beverage giant, Cadbury Nigeria Plc, has released its audited financial statement for full-year December 2019. The results released indicated some slight improvement in most of its performance indicators as it recorded a 26% increase in profit.

In a notification, which was sent to the Nigerian Stock Exchange and seen by Nairametrics, the company recorded a revenue of N39.3 billion as at December 31, 2019, as against the N35.9 billion, which was achieved in the corresponding period for 2018. This represents a 9% increase.

Cadbury Nigeria Un-audited Interim Financial Information, OK Foods Limited has sued Cadbury UK Limited
Cadbury Nigeria building

The gross profit for full-year 2019 was N8.32 billion as against the N7.95 billion which was achieved in the corresponding period for 2018. This represents a 5% increase.

RelatedStories

Stock market kicks off September in the red: ASI slips 0.15% amid declining trading volume 

Nigerian Stocks start July in red as All-Share Index slips 0.2%; Ellah Lakes leads daily volume 

July 2, 2025
Why did Legend Internet shares gain 32% in just one week? 

Why did Legend Internet shares gain 32% in just one week? 

June 16, 2025

The profit before tax for the multinational as of December 31, 2019, was N1.54 billion. This is against the N1.7 billion, which was achieved in December 2018 and represents a 26% increase.

[READ MORE: Royal Exchange, subsidiaries fail to release 2019 financial result, risk financial sanction)

Also, the profit after tax for December 31, 2019, was N1.07 billion as against the N823 million which was achieved for the corresponding period in 2018. This represents a 30% increase.

However, from the released audited financial statement, Cadbury, witnessed a drop in its expenses as its cost of sales dropped by about 10.6%. The cost of sales for full-year 2019 was N31 billion as against the N28.02 billion which was achieved in the corresponding period for 2018. This indicates a more efficient application and management of resources by the company.

Cadbury Nigeria Plc is a food, sweets and drink company with headquarters in Lagos, Nigeria. The company set up its manufacturing plant in Nigeria in 1965 and became publicly quoted on the Nigerian Stock Exchange in 1976. It has Mondelez International as its majority shareholder and competes with brands like Nestle, GlaxoSmithKline and Promasidor.

Some of its major brands include Bournvita, TomTom, Trebor and Peppermint, Eclairs and so on.

You can download the report here.


Follow us for Breaking News and Market Intelligence.
Tags: Cadbury Nigeria PlcCadbury Nigeria Plc's FY 2019 resultsNigerian Stock ExchangeOn the Money
Chike Olisah

Chike Olisah

Chike was a banker with over 11 years experience in retail and commercial banking, risk management, treasury portfolio management and relationship management. He also acquired some experience in financial management and do have some special interest in investment analysis and personal finance. He had stints with financial institutions like the former Intercontinental Bank and Fidelity Bank.

Related Posts

Stock market kicks off September in the red: ASI slips 0.15% amid declining trading volume 
Equities

Nigerian Stocks start July in red as All-Share Index slips 0.2%; Ellah Lakes leads daily volume 

July 2, 2025
Why did Legend Internet shares gain 32% in just one week? 
Company Results

Why did Legend Internet shares gain 32% in just one week? 

June 16, 2025
Weekly Stock Update: Nigerian Exchange Group record growth w-o-w, up by 0.48%
Equities

SEPLAT leads value as All-Share Index gains 0.56%, ABCTRANS and BETAGLASS shine 

June 12, 2025
Adverse effects of high-interest rate spreads on the Nigerian economy
Financial Services

Fidelity Bank threatens legal remedies over “malicious publication” concerning CEO’s share purchase 

May 24, 2025
Cadbury Nigeria shareholders to get N751.28 million dividend
Company Results

Cadbury Nigeria records increased domestic sales, recovers to N8.5 billion Q1 profits 

April 28, 2025
Cadbury
Company News

Cadbury Nigeria reports N28.3 billion pre-tax loss for 2024 despite 60% revenue growth 

April 2, 2025
Next Post
Bauchi lands $864 million deal to produce cement 

Bauchi state Governor self-isolates over COVID-19

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • TikTok removes over 3.6 million Nigerian videos in Q1 2025  
  • Superman opens with N133.7 million ticket sales at Nigerian box office
  • WHO, UNICEF warn of rising immunization gaps as nearly 20 million infants missed vaccination in 2024 

Follow us on social media:

Recent News

TikTok

TikTok removes over 3.6 million Nigerian videos in Q1 2025  

July 15, 2025
Superman opens with N133.7 million ticket sales at Nigerian box office

Superman opens with N133.7 million ticket sales at Nigerian box office

July 15, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics