Confectioneries making giant- Cadbury Nigeria Plc has presented its unaudited financials for the nine-month ended September 30, 2026, with revenue and profit growing marginally when compared to the similar period of last year, while keeping expenses in check and the management promising better days ahead despite the challenging business environment.
Revenue for the period, according to a statement by Frederick Mordi, the Company’s Head of Corporate Communications and Government Affairs, stood at N126.69 billion, representing an increase of 6 percent over the N 119.25 billion reported in the same period in 2025, just as gross profit grew by 32 percent from N27.75billion to N36.50billion in the period under review.
Cadbury Nigeria also reported a profit of N 10.14billion, a 5 percent increase compared to the N 9.68billion reported in the same period in 2025; profit before tax also rose by 5 percent from N13.82billion to N14.48billion, translating to a basic earnings per share increased from N4.24 to N4.45 each.
Reviewing the result, Ayman Fahmy Gaafar, Managing Director, Cadbury Nigeria, said it showed sustainable growth despite the challenging operating environment in the country.
He promised to continue building “on our operational capabilities and strengthen cost management measures to enable us to achieve our business objectives and deliver more value for our stakeholders. We are also continuously innovating to meet the needs of the Nigerian consumer.”
Cadbury Nigeria had announced the appointment of Dr. ’Doyin Salami as new Chairman in August this year, following the resignation of Adedotun Sulaiman, in addition to Mrs. Uwa Osa-Oboh as an Independent Non-Executive Director.
Dr Salami, who has led the board of several companies, was Chief Economic Adviser to Nigeria’s former President Muhammadu Buhari, and earlier was Chairman of the Presidential Economic Advisory Council.
Mrs. Osa-Oboh is a seasoned executive and currently serves as Head of Corporate Development at Capital Alliance Nigeria, a member of the African Capital Alliance (ACA) Group, one of Africa’s leading investment management firms.
Meanwhile, Cadbury Nigeria emerged top winner at this year’s Chartered Institute of Personnel Management of Nigeria (CIPM) HR OSCARS held in Abuja recently. The Company won in three categories namely: Talent Acquisition; Adoption of Technology; and Employee Engagement and Internal Communication, where it achieved a perfect 100% score.
The HR OSCARS are hosted by the CIPM as part of its annual International Conference and Exhibition (ICE), and it is the largest gathering of HR professionals in Africa. The awards provide an independent external validation of best-in-class people practices. This recognition affirms that Cadbury Nigeria’s people practices are not only aligned with business strategy but are also genuine enablers of performance, culture, and employee experience.
