Presco Rewards Investors with Second Interim ₦10 Dividend Following Strong 9M Performance

Presco Plc, a Nigerian integrated edible oil firm, has announced strong financial and operational performance for the nine-month period ended 30 September 2025.

Following this record performance, the Board of Directors approved a second interim dividend of N10 per share.

“This reaffirms Presco’s commitment to delivering consistent and sustainable value to its shareholders,” Presco said.

“This performance reflects strong operational efficiency, improved agricultural yields and resilient market demand across Presco’s product portfolio, reinforcing its leadership in Nigeria’s Edible Oil Market.”

Presco Plc delivered ₦139.7 billion in Profit Before Tax (PBT) for the nine-month period of 2025, representing a 108.2% year-on-year increase from ₦67.1 billion in Q3 2024.

Revenue for the first three quarters rose sharply by 113.5% to ₦274.5 billion, up from ₦128.6 billion in the corresponding period last year.

Gross profit grew by 118.5% to ₦202.1 billion, while operating profit increased by 121.5% to ₦166.0 billion.

EBITDA improved by 118.1% to ₦170.9 billion, reflecting continued operational strength and cost management discipline.

Earnings per share rose by 114.0% year-on-year to ₦110.79, reinforcing Presco’s consistent commitment to delivering superior shareholder value.

Commenting on the performance, Reji George, Managing Director of Presco Plc, stated: “Presco’s Nine-Month Year to Date performance reflects not just strong numbers, but the strength of our model in an evolving Nigeria. As the country navigates new economic realities, our consistency and focus continue to stand out. We have stayed disciplined in execution, translating efficiency and innovation into real, measurable growth.”

Presco Plc is a fully integrated edible oils company engaged in the cultivation of oil palm and the production, refining, and marketing of specialty fats and oils.

Its operations are strengthened by its key subsidiaries: Ghana Oil Palm Development Company Limited (GOPDC) and Siat Nigeria Limited, which extends its footprint and enhance its market leadership across West Africa.

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