FrieslandCampina WAMCO Nigeria Posts 566% Profit Surge Amid Economic Headwinds

This financial year has been a remarkable testament to resilience and strategic execution for FrieslandCampina WAMCO Nigeria PLC. Despite a turbulent macroeconomic landscape characterized by high interest rates, inflation, and currency fluctuations, the company has not only weathered the storm but emerged stronger, posting an astounding 566% surge in Profit Before Tax. This turnaround, disclosed at the 53rd Annual General Meeting, underscores the company's robust recovery and its commitment to delivering value to shareholders.

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We significantly improved operational efficiency across our factories, strengthened our route-to-market capabilities, enhanced our commercial execution, and optimized our supply chain operations.

The impressive revenue growth of 25%, reaching ₦615.9 billion, is a clear indicator of successful market penetration and effective pricing strategies across our beloved brands like Peak, Three Crowns, and Nunu. The significant improvement in gross profit and the dramatic shift from a net loss to a substantial profit after tax highlight the success of our operational efficiencies and cost optimization measures. These results are not merely numbers; they represent the dedication of our team and the enduring strength of our brands in the Nigerian market.

Our Managing Director, Roger Adou, rightly called 2025 a defining year, emphasizing the successful return to profitability through enhanced operational efficiency, strengthened route-to-market capabilities, and optimized supply chains. Furthermore, our continued investment in dairy development programs, training over 13,000 farmers and increasing raw milk volumes by 19%, demonstrates our deep commitment to local sourcing and the sustainability of Nigeria's dairy sector. This focus on local impact, combined with strong financial performance, is what truly sets us apart.

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The Company’s strong recovery in profitability and equity position demonstrates the effectiveness of our

As Chairman Olayinka Sanni noted, the gradual improvements in inflation and foreign exchange stability provided a more conducive environment, but it was our strategic agility and unwavering focus on our core strengths that truly drove this recovery. The approved dividend of ₦1.00 per share is a balanced reward for our investors, reflecting confidence in our sustained growth trajectory. FrieslandCampina WAMCO remains dedicated to nourishing Nigerians and contributing positively to the nation's economy, embodying the spirit of resilience and progress that defines our market.

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Nigeria represents one of the most sophisticated spirits markets in Africa, with a collector and connoisseur base that understands provenance and rarity at the highest level.