BUA Foods Posts N1.77trn Revenue, Proposes N28 Per Share Dividend

BUA Foods Plc has posted a revenue of N1.77 trillion and proposed a dividend of N28 per share for the financial year ended December 31, 2025.

The Company’s audited financial results released to the investing public showed a strong revenue growth and reinforcing its commitment to creating value for shareholders.

The Company recorded revenue of N1.77 trillion, representing a 16 per cent increase from N1.53 trillion in 2024. This performance reflects sustained demand across its product portfolio including sugar, flour, pasta and rice, as well as continued execution of its scale and market expansion strategy.

In line with its commitment to rewarding shareholders, the Board proposed a dividend of N28 per share, representing a 115 per cent increase compared to the N13 per share paid in 2024, and amounting to a total proposed payout of N504 billion subject to shareholders approval at the 2026 Annual General Meeting slated later this year. This significant increase highlights the Company’s strong value creation and consistent focus on delivering superior shareholder returns.

Cost of sales stood at N1.037 trillion from N987.104 billion in 2024, while gross profit rose to N737.258 billion higher than N540.815 billion achieved in 2024.

The Company’s profit after tax rose by 95 per cent to N518.4 billion from N265.998 billion in 2024, while earnings per share grew to N28.80 as against N14.78 in 2024 year end.

Total assets of the Company as at December 2025 stood at N1.39 trillion, an increase of 27 per cent year-on-year.

Speaking on the results, the chairman, Abdul Samad Rabiu said, “our 2025 performance reflects the strength of our growth strategy and our ability to consistently scale revenue in a dynamic operating environment. The significant increase in our proposed dividend to N28 per share underscores our commitment to delivering enhanced value to our shareholders while continuing to invest in the future of the business.”

The managing director, Engr. Ayodele Abioye, added, “our focus remains on driving sustainable revenue growth through capacity expansion, market penetration, and improved end-to-end supply chain. The strong demand across our product categories reinforces our strategic direction, and we are well-positioned to build on this momentum.”

BUA Foods stated that the Company also maintained a solid financial position, with total assets increasing by 27 per cent to N1.39 trillion, reflecting continued investment across its operations and value chain to support long-term growth.

“While profitability remained strong during the period, the Company’s performance was primarily driven by revenue expansion, supported by improved operational efficiencies, optimized cost structures, and effective supply chain management,” it added.

With strong fundamentals, improved profitability, and continued investment across its value chain, BUA Foods Plc remains well-positioned to sustain its growth trajectory while contributing to food security and economic development in Nigeria and other West African countries.