Corporate Action
NESTLE NIGERIA PLC.-NESTLE NIGERIA Q1 2026 RESULTS PRESS RELEASE
• Nestlé Nigeria PLC reported double-digit revenue growth and improved profitability in Q1 2026. • Revenue increased by 11% to N326.1 billion in Q1 2026 from N294.9 billion in Q1 2025. • Profit before tax rose by 44% to N73.8 billion in Q1 2026, compared to N51.2 billion in Q1 2025. • Profit after tax rose by 29% to N38.9 billion from N30.2 billion in Q1 2025. • Total equity increased from N12.9 billion at the end of December 2025 to N51.6 billion at the end of March 2026. • This marks the sixth consecutive quarter of profitability since Q4 2024.
Financial Results
NESTLE NIGERIA PLC.- QUARTER 1 - FINANCIAL STATEMENT FOR 2026
FINANCIAL HIGHLIGHTS: • PAT: ₦38.998 billion (29% YoY growth) • EPS: ₦49.20 • Equity: ₦51.639 billion • Shares: 792.656 million • ROE: 75.52% KEY NOTES: • Revenue increased by 11% YoY to ₦326.127 billion. • The company did not purchase any of its own shares during the period. • The company has a general license agreement with Société des Produits Nestlé S.A., Switzerland, for technological, scientific, and professional assistance.
Corporate Action
NESTLE NIGERIA PLC.-NOTICE OF ONLINE PUBLICATION OF UNCLAIMED DIVIDENDS
• Nestlé Nigeria PLC announced the publication of its list of Unclaimed Dividends. • The list will be published in the online versions of Punch and BusinessDay newspapers on May 7, 2026. • Shareholders are requested to visit these online editions to access and download the list for future reference. • The list of Unclaimed Dividends can also be accessed on Nestlé's investors' portal: www.nestle-cwa.com/en/investors/nigeria. • This publication is in line with section 429(1) of the Companies and Allied Matters Act 2020.
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