From left, Ore Famurewa, executive director of corporate affairs, FrieslandCampina WAMCO Nigeria PLC; Olayinka Sanni, chairman of board of directors; Ali Ahmed Khan, non-executive director; Roger Adou, managing director, and Oyinkan Ade-Ajayi, non-executive director, during the 53rd AGM of the dairy manufacturer held recently in Lagos.
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FrieslandCampina WAMCO Nigeria PLC, a leading dairy manufacturer in Nigeria, reported a sharp recovery in 2025, with pre-tax profit rising 566 percent to N32.7 billion as lower finance costs and reduced borrowings eased pressure on margins.
The dairy maker swung to a profit after tax of N18.4 billion, reversing a N749 million loss a year earlier, while total equity jumped to N18.8 billion in 2025 from N3.8 million in 2024.
Revenue increased by 25 percent from N493.6 billion in 2024 to N615.9 billion in 2025, driven by strong volume growth, targeted pricing initiatives, and sustained market expansion across key product categories.
