BUA Foods Plc reported a strong financial performance for the year ended December 31, 2025, with both revenue and profit rising sharply from 2024. The company recorded a pretax profit of ₦534.8 billion, an 88% increase over the previous year, reflecting disciplined operations and sustained demand across its product lines. Full-year revenue rose 18.1% to ₦1.8 trillion, reinforcing BUA Foods’ leadership in Nigeria’s food manufacturing sector. The fourth quarter contributed ₦102.2 billion to annual profit, supported by a 39.3% increase in Q4 revenue to ₦383.4 billion, signaling improving consumer demand at the end of the year.
Revenue growth was driven by the company’s core businesses: flour, sugar, pasta, and rice. Flour products remained the largest contributor, reflecting strong consumer demand and wide distribution reach. Sugar and pasta contributed significantly to top-line growth, while head rice also recorded meaningful sales. These gains came despite inflationary pressures on inputs and broader macroeconomic challenges, demonstrating that BUA Foods’ integrated production and distribution network continued to generate volumes while managing costs effectively.
Profitability expanded significantly. Pretax profit nearly doubled, showing that revenue growth translated efficiently into earnings. The company benefited from a notable reduction in finance costs, largely from lower foreign exchange losses, which strengthened net margins. Gross profit rose over 24%, with improved margins despite rising costs of sales. Administrative, selling, and distribution expenses increased, but higher volumes and operational efficiencies offset these costs, sustaining profit expansion.
BUA Foods strengthened its balance sheet in 2025. Total assets grew over 26% year-on-year, reflecting accumulated retained earnings and reinvestments into strategic assets. Retained earnings increased more than 65%, reinforcing shareholder equity and widening the capital base for growth. Liabilities grew moderately, while current borrowings declined, improving balance sheet stability and positioning the company to self-finance expansion and absorb macroeconomic volatility.
Full-year performance mirrored earlier quarterly and half-year trends that showed robust growth. In the first half of 2025, profit before tax grew over 100% year-on-year, supported by strong revenue across the product portfolio. These patterns continued throughout the year, demonstrating that BUA Foods’ diversified product strategy and operational efficiency, including investments in backward integration and manufacturing capacity, delivered consistent earnings growth.
The 2025 results confirm that BUA Foods is scaling its business with resilience. Revenue and profit growth at this scale reflect strong execution in a competitive market and validate strategic investments in production capacity and supply chain enhancements. Managing margins against inflation, foreign exchange volatility, and changing consumer demand remains critical. The company’s revenue of ₦1.8 trillion and pretax profit of ₦534.8 billion establish a solid foundation for continued strategic advancement in 2026.
