BUA Foods Announces Record Profit Surge in 2025 Financial Year

BUA Foods Plc has reported a remarkable 91% increase in its profit after tax for the 2025 financial year. The food manufacturing giant saw its earnings rise to N507.73 billion, up from N265.99 billion recorded in 2024.

The unaudited financial results, released on Thursday for the year ended December 31, 2025, attribute this strong performance to growth across all major product lines, improved operational efficiency, and relative stability in the foreign exchange market.

The company’s revenue grew by 18% to N1.80 trillion, compared to N1.53 trillion the previous year. Gross profit also saw a significant rise to N672.16 billion from N540.82 billion in 2024. Total assets expanded by 26% to N1.39 trillion.

While the cost of sales increased to N1.13 trillion, largely due to higher raw material expenses, the company stated that its stronger revenue growth helped protect its profit margins.

A key highlight was a dramatic reduction in foreign exchange losses, which fell by over 90% to N16.09 billion from N172.30 billion in 2024—a development credited to improved market conditions.

In a statement, the Managing Director of BUA Foods, Ayodele Abioye, said the results reflected strong execution and disciplined cost management. “The group recorded robust volume growth across core product categories, effective pricing initiatives, and an enhanced product mix,” he stated. He added that the company’s market position remains solid due to its supply chain efficiency.

Acting Chief Financial Officer, Michael Ehimah, noted that efforts to diversify energy sources and strengthen supply chain processes helped manage rising input costs.

Looking forward, the company expressed optimism for 2026, with plans to complete key expansion projects. This includes its sugar backward integration programme, expected to refine 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 N14 trillion, highlighting strong investor confidence.