• Net profit fell to CFA11.9 billion amid rising raw material prices.
• Revenue increased slightly by 1.36% to CFA173.4 billion.
• The company expects profitability to improve in Q4 2025.

Nestlé Côte d’Ivoire, the local dealer of Swiss food group Nestlé, reported a 21.3% decline in net profit during the third quarter of 2025. The company said the figures fell to CFA11.9 billion ($21.1 million) due to higher raw material costs.

Revenue reached CFA173.4 billion, up 1.36% from the same period in 2024. Operating profit fell 15.9% to CFA19.7 billion, driven by persistent inflation in key inputs such as milk and cereals, which make up a large portion of the company’s product range.

The slowdown follows a solid 2024, when Nestlé Côte d’Ivoire recorded a 9.6% increase in net profit to CFA18.1 billion from CFA16.6 billion a year earlier. Annual revenue stood at about CFA224 billion, supported by stronger domestic consumption and expanding exports to the Sahel region.

In the first half of 2025, the company had already shown signs of deceleration, posting a net profit of CFA11.8 billion, a modest increase from the first half of 2024, signaling a cooling of the previous year’s momentum.

Despite the decline, Managing Director Mohamad Itani said the company remains “on a positive trajectory,” emphasizing that “creating value for consumers and maintaining efficiency across our value chain remain top priorities.” Nestlé Côte d’Ivoire said it continues cost-cutting initiatives while sustaining investments in key brands and distribution channels.

The launch of the new 200 g Cerelac format helped support sales growth in the third quarter, while investments continue at the Yopougon and Zone 4 plants to modernize production, the company said.

Amid high logistics costs and energy price volatility in the region, Nestlé Côte d’Ivoire expects a gradual recovery in profitability in the fourth quarter of 2025, supported by ongoing efficiency measures and stabilizing consumer markets in West Africa.