BUA Foods after-tax profit rose by 91% in the 2025 period aided by lower finance costs and higher sales, compared to the year-ago period.
Net profit after-tax hit N507.7 billion in the 2025 Full Year, compared to N265.99 billion in 2024.
Revenues for BUA Foods increased by 17.8% to N1.8 trillion in the period while the bottom line was boosted by an 89% decline in finance costs in the period to N21.93 billion, compared to N203.2 billion in 2024.
Flour sees biggest naira jump in revenue
Revenue from flour sales jumped by 27% to N746.8 billion in Full Year 2025 from N589.5 billion in 2024, providing the biggest lift to revenues (N157 billion) on an aggregate level. Sales of Head rice however provided the biggest uplift percentage wise.
Revenue from Head rice sales jumped 1,623% to N95.6 billion, compared to N5.55 billion in Full Year 2024, due to steady milling operations in the division.
Commenting on the results, Ayodele Abioye, the Managing Director, said:
“The 2025 financial year reflected strong operational execution and a solid financial performance for BUA Foods Plc. The Group recorded revenue of ₦1.8 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. Profitability improved significantly during the year, with Profit After Tax increasing by 91% and EBITDA reaching ₦575 billion, reflecting sustained operational efficiencies, margin expansion, and prudent cost management. Looking ahead, BUA Foods remains focused on margin preservation within a competitive operating environment while advancing its ongoing business expansion projects. The Board and Management remain confident in the Company’s strong fundamentals and its ability to deliver sustainable long-term value to shareholders.”
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