BUA Foods posts 91% profit growth in 2025 as revenue rises to 1.2B
Total assets climbed to N1.39 trillion, up 26 per cent on 2024, driven by growth in current assets, including cash and receivables, as well as strategic reinvestment of earnings.
NIGERIA – BUA Foods Plc has released its unaudited financial results for the year ended 31 December 2025, reporting strong earnings growth and balance sheet expansion, supported by higher volumes across core food segments and a more stable foreign exchange environment.
The group recorded combined revenue of N1.80 trillion (US$1.20 billion), up 18.1% from N1.53 trillion (US$1.02 billion) in the 2024 financial year.
Commenting on the results, Managing Director Ayodele Abioye said the 2025 financial year reflected strong operational execution and a solid financial performance for BUA Foods Plc.
“The Group recorded revenue of n1.8 trillion, representing an 18% year-on-year increase, driven by robust volume growth across core product categories, effective pricing initiatives, and an enhanced product mix,” he said.
He added that the profitability improved significantly during the year, with Profit After Tax increasing by 91% and EBITDA reaching N575 billion, reflecting sustained operational efficiencies, margin expansion, and prudent cost management.
The management said the revenue growth was driven by improved consumer demand, pricing actions, and a better product mix across its staple food portfolio, which includes sugar, flour, pasta and rice.
Gross profit rose by 24% to N672.16 billion (US$448.1 million), compared with N540.82 billion (US$360.5 million) a year earlier.
Cost of sales increased by 15% to N1.13 trillion (US$753.3 million) from N987.10 billion (US$658.1 million), largely reflecting higher raw material and input costs. However, the pace of revenue growth outstripped cost increases, resulting in improved margins.
Profit after tax surged by 91% to N507.73 billion (US$338.5 million), up from N265.99 billion (US$177.3 million) in 2024.
The company said profitability was further supported by operational efficiencies and tighter cost controls. EBITDA for the year reached N575 billion (US$383.3 million), reflecting margin expansion across major product lines.
Total assets expanded by 26% to N1.39 trillion (US$926.7 million), compared with N1.09 trillion (US$726.7 million) in the previous year.
The increase was driven by higher working capital to support volumes, alongside continued investment in production and logistics infrastructure.
A notable improvement was recorded in the company’s foreign exchange position. BUA Foods reported a foreign exchange loss of N16.09 billion (US$10.7 million) in 2025, a sharp reduction from the N172.30 billion (US$114.9 million) loss posted in 2024, representing a 90.66% improvement.
The company attributed this to relative stability in the foreign exchange market during the year and better management of FX exposure, which is critical for an operator with significant imported raw material requirements.
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