Unilever Ghana Profit Jumps 62% To GH¢94m

‎‎Board of Directors at the AGM

 

Unilever Ghana PLC recorded a strong financial performance in 2025, posting a 62 percent increase in profit after tax to GH¢94 million, up from GH¢58 million in 2024, as improved macroeconomic conditions and strategic business initiatives boosted growth across key product categories.

The company announced the results at its Annual General Meeting (AGM) in Accra, where shareholders, directors and management reviewed its performance for the financial year ended December 31, 2025.

Chairman of the Board, Charles B. Nimako, said the company delivered impressive results despite a challenging global economic environment, supported by the nation’s improving economic outlook and the successful execution of its business strategy.

“Our strategic initiatives enabled us to deliver value to our shareholders. We have focused on sustainable growth, leveraging our strong brand portfolio and investing in local talent and resources,” he stated.

In addition to the profit growth, Unilever Ghana’s cash position more than doubled during the year, rising from GH¢97 million in 2024 to GH¢210 million in 2025, which reflects stronger liquidity and operational efficiency.

The board has consequently proposed a dividend payment of GH¢1 per share, amounting to a total payout of GH¢62.5 million to shareholders.

Managing Director, Christopher Wulff-Caeser, attributed the company’s performance partly to the nation’s improved macroeconomic environment in 2025.

He noted that inflation declined sharply from 23.8 percent at the end of 2024 to 5.4 percent by December 2025, while the cedi appreciated by 40 percent against the US dollar and other major currencies.

According to him, these developments restored consumer confidence and purchasing power, creating favourable conditions for business growth.

He said the company’s Growth Action Plan (GAP), which focuses on accelerating growth through its key brands in the Beauty and Well-being, Personal Care, Home Care and Nutrition categories, also contributed significantly to the results.

The Personal Care category recorded an underlying sales growth of 12.1 percent in 2025, driven mainly by strong performances in the Oral Care segment.

The company’s flagship oral care brand, Pepsodent, reached more than one million Ghanaians through school and community campaigns promoting good oral hygiene practices.

The Beauty and Well-being category emerged as one of the strongest performers during the year. Vaseline recorded an underlying sales growth of 53.4 percent, marking its third consecutive year of double-digit growth.

Management attributed the performance to increased household penetration and expanded distribution channels.

The Home Care business also returned to growth, posting a five per cent increase in underlying sales. The improvement was driven by the successful launch of Comfort Fabric Conditioner and continued growth in Omo Auto detergent for machine washing.

Meanwhile, the Nutrition category recorded modest growth of 2.2 percent, supported mainly by pricing adjustments aimed at improving profitability.

Looking ahead, management expressed confidence in sustaining growth in 2026 through innovation, portfolio expansion and increased investment in key brands.

The company also announced significant changes to its Board of Directors, including the appointment of six new directors, among them a new Board Chair, following the completion of tenure of outgoing board members.

Management reaffirmed its commitment to strong corporate governance, sustainability and long-term value creation for shareholders.

By Janet Odei Amponsah