BUA Foods Plc says its profit after tax rose by 91 per cent to N507.73 billion in its unaudited financial results for the year ended Dec. 31, 2025.
The food manufacturing conglomerate said the figure represented an increase from the N265.99 billion recorded in the corresponding period of 2024.
In a statement released on Thursday, the company said the strong performance was supported by growth across key product segments, improved operational efficiency and a relatively stable foreign exchange environment.
BUA Foods recorded a combined revenue of N1.80 trillion during the period, representing an 18 per cent increase over the N1.53 trillion achieved in full-year of 2024.
Gross profit rose by 24 per cent to N672.16 billion from N540.82 billion in the previous year, while total assets increased by 26 per cent to N1.39 trillion, compared with N1.09 trillion in 2024.
The company said cost of sales grew by 15 per cent to N1.13 trillion from N987.10 billion in 2024, largely due to higher raw material costs, noting that stronger revenue growth helped to moderate the impact on margins.
BUA Foods also reported a significant improvement in its foreign exchange position, with losses declining by 90.66 per cent to N16.09 billion in 2025 from N172.30 billion in 2024, attributed to improved market stability.
Managing Director, BUA Foods, Mr Ayodele Abioye, said the 2025 financial year reflected strong operational execution and a solid financial performance for BUA Foods Plc.
He said, “The group recorded revenue of N1.8 trillion, representing an 18 per cent year-on-year increase, driven by robust volume growth across core product categories, effective pricing initiatives, and an enhanced product mix.
“Profitability improved significantly during the year, with Profit after tax increasing by 91 per cent and EBITDA reaching N575 billion, reflecting sustained operational efficiencies, margin expansion, and prudent cost management.”
According to the managing director, the company’s market position, both domestic and regional, remained strong due to its solid supply chain efficiency and effectiveness.
“For us, generally, we continue to drive operational efficiency, product quality, and customer satisfaction as we maintain a very disciplined expansion strategy while navigating the ever-evolving economic landscape,” Abioye said.
Also, the Acting Chief Financial Officer of BUA Foods, Michael Ehimah, said, “By diversifying our energy sources and enhancing supply chain efficiency, we were able to cushion the impact of escalating input costs”.
“As we look ahead to 2026, our priority is to preserve a healthy balance sheet while funding key growth initiatives.
“Looking ahead, BUA Foods remains focused on margin preservation within a competitive operating environment while advancing its ongoing business expansion projects.
“Our Board and Management remain confident in the company’s strong fundamentals and its ability to deliver sustainable long-term value to shareholders,” the MD assured.
According to BUA Foods management, the outlook for 2026 is one of optimism as the company continues to ramp up efforts to complete its sugar backward integration programme.
This is expected to present the company with the opportunity to refine over 220,000 metric tons of sugar in its first phase, while maintaining focus on its expansion strategy across its business divisions.
BUA Foods ended the 2025 financial year as the most valued company on the NGX with a market capitalisation in excess of N14 trillion, a reflection of strong investor confidence and operational performance in the consumer goods sector. (NAN) (www.nannews.ng)
