Unilever Nigeria has kicked off the 2026 financial year with a robust first-quarter performance, posting strong gains across revenue, operating income, and net earnings as the company builds on the growth momentum recorded last year.

According to its unaudited results for the quarter ended March 31, 2026, the consumer goods company recorded revenue of ₦59.2 billion, representing a 26 per cent rise from ₦46.9 billion in the corresponding period of 2025.

The latest figures also show that operating profit advanced significantly by 39 per cent to ₦11.5 billion, while profit after tax rose by 26 per cent to ₦7.0 billion.

The performance underscores a strong continuation of the company’s recovery and expansion trajectory, with growth largely powered by higher sales volumes, product innovation, and improved execution across key markets.

Commenting on the results, Managing Director Tobi Adeniyi said the quarter’s performance reflects a solid beginning to the year and affirms the resilience of the company’s growth strategy.

He noted that the sustained momentum follows the strong gains delivered in 2025, adding that the business remains focused on disciplined execution and long-term value creation.

Furthermore, he emphasised that the company intends to deepen consumer connection by strengthening brand appeal and accelerating delivery excellence across all product categories.

Beyond the topline growth, the figures also suggest that the company’s operational efficiency measures are yielding tangible returns.

As costs are increasingly managed with greater precision, profitability continues to expand at a faster pace than revenue, a development that signals stronger margins and improved financial health.

With over a century of manufacturing presence in Nigeria, Unilever’s latest performance further reinforces its enduring market relevance.

Through its portfolio of household and personal care brands, the company continues to consolidate trust among consumers while navigating a highly competitive fast-moving consumer goods landscape.

Industry observers say the results position the company strongly for the rest of the financial year, especially as demand resilience, brand innovation, and distribution efficiency remain central to its growth playbook.