Struggling Cadbury Nigeria Plc jumped back into the black in the nine-months to the end of September, helped by rising sales and cost cutting.

The Bournvita maker reported a net income of ₦172m reversing a net loss of ₦64m from the same period a year earlier.

Sales in the 9-months to the end of September rose 11% to ₦26.9bn, with the growth accelerating in the third quarter by 16.1% to ₦9.4bn from ₦8.1bn.