For the business year ended December 31, 2024, Unilever, a fast-moving consumer goods company grew its profit by 79 percent toN15.1 billion from N8.4 billion recorded in the previous year.
Despite the impact of FX volatility, worsening power supply, and supply chain disruptions on its business operations, the company grew its operating profit for the period.
The consumer goods company also grew its revenue growth of 44 percent to N149.5 billion from N103.9 billion in 2023, while it recorded a gross profit of N55.1 billion from N34.5 in the same period.