Despite a challenging macroeconomic environment marked by high interest rates, inflationary pressures, foreign exchange volatility, and supply chain disruptions, FrieslandCampina WAMCO Nigeria PLC, the country’s leading dairy company and producer of Peak, Three Crowns, Coast, Olympic, and Nunu milk brands, has reported a strong financial turnaround. It posted a 566 per cent increase in Profit Before Tax (PBT) for the financial year ended 31 December 2025.
The performance was disclosed at the company’s 53rd Annual General Meeting (AGM) held on Tuesday, at the Lagos Marriott Hotel, Ikeja, where shareholders, board members, and stakeholders gathered to review the company’s results and strategic outlook.The company said it delivered a strong recovery, returning to profitability and strengthening both its balance sheet and liquidity position.
Revenue rose by 25 per cent from ₦493.6 billion in 2024 to ₦615.9 billion in 2025, driven by volume growth, targeted pricing actions, and expanded market penetration across key product categories.Gross profit also improved significantly to ₦119 billion, supported by a better product mix, operational efficiencies, cost optimisation initiatives, and relative stability in the naira exchange rate in the second half of the year.
