The Nigerian consumer goods sector posted impressive sales in 2025, with the top 10 companies generating a combined N7.07 trillion in revenue.
This represented N1.56 trillion, or 28%, growth over 2024’s N5.51 trillion, signalling strong product demand across the market.
The 2025 revenue accounted for 98% of the total N7.2 trillion reported by all 14 companies tracked by the NGX Consumer Goods Index.
Efficient operations and lower foreign exchange losses enabled these companies to convert robust revenue into meaningful profitability at the bottom line.
Hence, the top 10 companies recorded a cumulative pre-tax profit of N1.007 trillion, rebounding from a N702.59 billion loss in 2024.
The strong performance likely fueled bullish sentiment, as the NGX Consumer Goods Index surged 129.6%, reflecting growing investor confidence over the period.
For this analysis, consumer goods companies are ranked by their 12-month revenue ending in any month in 2025, reflecting one full financial year. Here’s the list:
Cadbury Nigeria ranked 8th, reporting revenue of N169.8 billion in its unaudited report for the financial year ended December 31, 2025, up 31.5% from N129.1 billion in 2024.
Domestic sales drove growth, contributing N158.1 billion (93.1%), while exports made up N11.7 billion, highlighting strong local demand.
Cost of sales rose to N133.2 billion, but higher volumes and improved pricing lifted gross profit to N36.5 billion, with distribution and administrative costs leaving operating profit at N20.5 billion.
Net finance costs fell sharply to N3.2 billion as foreign exchange pressure eased, pushing pretax profit to N17.2 billion from a prior-year loss of N28.3 billion.
Total assets climbed 13.4% to N82.1 billion, equity expanded to N16.4 billion, and Cadbury shares returned 178.6% in 2025, with year-to-date gains exceeding 11% in 2026.
