Cadbury Nigeria recently disclosed a N22.2 billion loss for the 2024 financial year, marking a slight decrease of one percent from the previous year’s loss of N22.4 billion. The announcement was made through the Nigerian Exchange Ltd., shedding light on the company’s fiscal performance. Despite this setback, there are intriguing aspects to unravel in Cadbury Nigeria’s financial trajectory.
### Revenue Growth and Profit Margin
In a surprising turn of events, Cadbury Nigeria experienced a significant surge in revenue, jumping from N80.378 billion in 2023 to an impressive N129 billion in 2024, showcasing a remarkable 61 percent increase. However, the growth in revenue did not translate proportionally into profits as the gross profit margin only saw a marginal rise of five percent, reaching N18.227 billion from N17.337 billion.
### Share Capital and Equity Fluctuations
Delving deeper into the numbers, it is revealed that Cadbury Nigeria witnessed a noteworthy surge in its share capital by 21 percent, escalating from N939 million in 2023 to N1.140 billion in 2024. On the contrary, there was a substantial decline of 57 percent in total equity, plummeting from N10.22 billion in 2023 to N4.38 billion in 2024.
### Operational Performance Analysis
Analyzing further, it becomes apparent that the company faced challenges at an operational level with results from operating activities witnessing a decline of 24 percent – dropping from N7.872 billion in 2023 to N5.961 billion in 2024.
#### Expert Insights:
Financial experts suggest that while revenue growth is promising for Cadbury Nigeria, there seems to be underlying issues impacting profitability and operational efficiency within the organization.
According to industry analysts, fluctuations in share capital and equity signify potential restructuring or strategic shifts within the company that could have implications on its long-term sustainability and competitiveness.
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