BUA Foods Plc has reported a near-doubling of its pre-tax profit for the 2025 financial year, reaching N534.8 billion—an 88% surge from the N284.3 billion recorded in 2024.
The audited results, filed with the Nigerian Exchange Group (NGX), reveal a robust top-line performance, with revenue climbing 18% to N1.8 trillion.
The company’s strong fourth quarter, which contributed N102.2 billion in profit, capped off a year of significant growth.
The profit surge was significantly aided by a drastic reduction in finance costs, which fell to N21.9 billion from N203.2 billion in 2024.
This was largely attributed to the elimination of foreign exchange losses that had weighed on the previous year’s results.
ALSO READ
Operational performance remained strong. Gross profit rose 24% to N672.1 billion, even as the cost of sales increased in line with higher revenues. Bakery flour was the standout product line, contributing 39% of total revenue (N704.7 billion), followed by fortified sugar and pasta.
The company’s financial position solidified considerably. Total assets grew 27% to N1.38 trillion, while shareholders’ equity jumped 64% to N702.7 billion, propelled by retained earnings of N694.7 billion.
Notably, the company reduced its current borrowings to N362.8 billion from N391 billion, indicating improved liquidity and a stronger leverage position.
The results underscore BUA Foods’ dominant position in Nigeria’s fast-moving consumer goods (FMCG) sector.
The sharp profit growth, driven by both operational performance and favorable financial engineering, marks a transformative year for the food conglomerate as it continues to expand its market share across key staple product lines.
