Cadbury Nigeria Plc has released its audited financial results for the year ended December 31, 2024, reporting a pre-tax loss of N28.3 billion, an improvement from the N32.2 billion loss recorded the previous year.
The company achieved a full-year revenue of N129.1 billion, up from N80.3 billion in the prior year, marking a year-over-year growth of 60.7%.
The growth in revenue was primarily driven by sales of refreshments and beverages, with domestic sales accounting for 88.6% of total revenue at N114.3 billion, while export sales contributed N14.8 billion