Cadbury Nigeria Loses 10% as Investors Exit Positions
Cadbury Nigeria Plc lost about 10% of its market value in the equities market on Tuesday as investors exited positions in consumer goods stock.
Trading data from the Nigerian Exchange (NGX) showed the consumer goods company’s share price plunged by 9.99% to close at N56.3 from N62.55.
The share price declined as 754,973 units, valued at N42.506 million. A significant chunk of trading volume was led by investors that sought to trim their interest in the consumer goods company. The post-earnings sell-off reflects investors’ negative sentiment despite a significant rebound in profitability.
The sell pressures dragged the market value of Cadbury Nigeria Plc’s 2.280 billion shares outstanding down to N128.380 billion, according to data from NGX trading platform.
In its unaudited results for 9M-2025, Cadbury Nigeria Plc delivered a resilient performance, recording a 33.2% year-on-year growth in revenue.
Details showed that the company revenue grew to ₦119.25 billion from ₦89.53 billion in the equivalent period in 2024 amidst macroeconomic recovery.
With the top line support, and costs efficient, Cadbury Nigeria swung to profitability at the end of nine months of financial year 2025.
The company’s profit before tax settled at ₦13.83 billion from a ₦16.94 billion loss in 9M 2024. After a ₦4.15 billion tax charge, Profit after Tax (PAT) settled at ₦9.68 billion, compared to a ₦11.86 billion loss last year. #Cadbury Nigeria Loses 10% as Investors Exit Positions#
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