Unilever Reaps Efficiency Gains, Improves Gross Profit by 34% in Q3 2026
Unilever demonstrated enhanced efficiency in its operations year to third quarter of 2026 with gross profit increasing by 34% from N64 billion in 2025 to N85.5 billion in 2026.
In a release filed at the Nigerian Exchange Group during the weekend, the consumer good company revenue grew by 18.4% from N155.4 billion in 2025 to N184 billion in the same period in 2026.
Profit before tax and profit after tax stood at N45.6 billion and N26.4 billion respectively during the period under review.
Though total assets declined slightly by 0.4% to N179 billion due to lower level of cash on the company’s balance sheet compared to 2025, the company announced an interim dividend of N2 per share.
Total dividend payout is approximated at N11.5 billion to shareholders whose names appear on the list of register as of October 30, 2026.
