Unilever Nigeria Plc solid liquidity position gives it the impetus to weather periods when the economy weakens as the company has the money to cover its debt with working capital while at the same time recording profit growth.
It appears the measures put in place to reduce exposure to currency devaluation as well as divestment have yielded fruit even amid a tough and unpredictable macroeconomic environment.
The consumer goods giants posted profit after tax (PAT) of N14.40 billion in the first six months of 2025, which is 224.63 percent higher than 2024’s N4.43 billion.
Revenue was up 53.52 percent to N98.10 billion in June 2025 from N63.90 billion as at June 2024.
Unilever can settle its debts using only working capital as the working capital to debt ratio stood at 2688%, according to MoneyCentral calculations.
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