By Abubakar Yunusa
Cadbury Nigeria Plc has reported a pre-tax profit of N5.20 billion in its Q1 2026 results, representing a 39.2% decline from N8.54 billion recorded in the corresponding period of 2025, as rising production and operating costs weighed heavily on profitability.
This is according to the company’s unaudited financial results for the three-month period ended March 31, 2026 which was filed on the exchange on Wednesday, 29, 2026.
The company recorded revenue growth of 7% to N39.83 billion from N37.23 billion in Q1 2025, driven largely by earnings from the Refreshment Beverages segment in Nigeria alone, which accounted for N24.033 billion.
Earnings from Confectionery majorly in Nigeria, accounted for N15.15 billion.
However, a sharp increase in cost of sales to N28.94 billion up from N25.07 billion and an increase in operating expenses eroded gains from the top-line expansion, leaving the gross profit down at N10.89 billion compared to N12.15 billion in Q1, 2025.
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