BUA Foods Records Outstanding Performance As Profit After Tax Surges To N507bn In 2025
BUA Foods Plc has reported a 91 per cent increase in its profit after tax for the 2025 financial year, rising to N507.73bn from N265.99bn recorded in the previous year.
The company disclosed this in its unaudited financial results for the year ended December 31, 2025, released on Thursday.
The food manufacturing firm said the strong performance was driven by growth across its major product lines, improved operational efficiency and relative stability in the foreign exchange market.
BUA Foods recorded a revenue of N1.80tn during the year under review, representing an 18 per cent increase from the N1.53tn posted in 2024.
Gross profit also rose to N672.16bn, up from N540.82bn in the prior year, while total assets expanded by 26 per cent to N1.39tn, compared with N1.09tn in 2024.
Although cost of sales increased to N1.13tn from N987.10bn due largely to higher raw material costs, the company said stronger revenue growth helped to cushion the impact on its margins.
The firm also recorded a sharp reduction in foreign exchange losses, which fell by over 90 per cent to N16.09bn in 2025, from N172.30bn in the previous year, a development it attributed to improved market conditions.
Managing Director of BUA Foods, Ayodele Abioye, said the company’s 2025 performance reflected strong execution across its operations and disciplined cost management.
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 commenting, Acting Chief Financial Officer, Michael Ehimah, said efforts to diversify energy sources and strengthen supply chain processes helped the company manage rising input costs.
Looking ahead, the company said it remains optimistic about 2026, with plans to complete key expansion projects, including its sugar backward integration programme, which is expected to enable the refining of over 220,000 metric tonnes of sugar in its first phase.
BUA Foods ended the 2025 financial year as the most valuable company on the Nigerian Exchange, with a market capitalisation exceeding N14tn, underscoring strong investor confidence in the firm’s performance.
NAN
