BUA Foods Profit Soars by 91% to N508 Billion in FY2025
BUA Foods Plc., the most valuable fast-moving consumer goods (FMCG) company on the Nigerian Exchange, delivered significant improvement in earnings and balance sheet quality in the financial year 2025.
The food producer’s profit soared by 91% year on year to about N508 billion, according to details from its unaudited financial statement posted on the Nigerian Exchange, from N265.997 billion in 2024.
BUA Foods’ performance was bolstered by top-line growth, with significantly lower interest payments on borrowings across its reporting units, according to details from its unaudited results.
The breakdown showed that BUA Foods revenue grew by 18% year-on-year to ₦1.80 trillion in FY 2025, as against ₦1.53 trillion posted in the equivalent period in 2024.
The company attributed the surge to a year-on-year increase in all reporting segments. Revenue form sugar segment surged by 3% to ₦756.7 billion.
Also, revenue from the Flour segment increased by 27% to ₦746.8 billion in 2025 from ₦589.5 billion in 2024, while there was 3% surge in Pasta sales to ₦202.7 billion.
BUA Foods reported that revenue from the rice segment increased by 1612% to ₦98.1 billion, up from ₦5.7 billion in the equivalent period in 2024.
The group cost of sales increased by +15% to ₦1,132 billion in FY 2025 from ₦987.10 billion, driven primarily by an increase in raw materials and energy costs.
Gross profit increased by 24% to ₦672.16 billion in FY 2025 versus ₦540.82 billion in 2024. In alignment with the increase, gross profit margin also appreciated by 186bps to 37.3%.
BUA Foods announced that its selling and distribution expenses increased by 71% to ₦68.73 billion in FY 2025 due to an increase in logistics expenses within the period.
Administrative expenses also increased by 42% to ₦40.46 billion in FY 2025. The company’s total operating expenses increased 59% to ₦109.18 billion in FY 2025 on the back of an increase in both administration and selling & distribution costs along the supply chain to customers.
The results revealed BUA Foods’ operating profit grew by 19% to ₦565.36 billion in FY 2025, up from ₦472.10 billion in 2024 – benefiting from top-line growth driven by strategic pricing policies.
Also, Operating profit margin appreciated by 30bps to 31.3% in FY 2025. The company said net finance cost dropped significantly by 92.3% to ₦14.39 billion in FY 2025 compared with ₦187.78 billion in 2024 due to non-additional borrowing within the reporting period under review.
The company’s profit before tax increased significantly by 88% to ₦534.87 billion in FY 2025, up from ₦284.32 billion in 2024, as profit before tax margin also increased by 1,100 basis points to 29.6%.
Profit after tax soared by 91% to ₦507.73 billion in FY 2025 from ₦265.99 billion in 2024. In correlation, the Earnings per Share (EPS) grew by 91% to N28.21 in FY 2025 from N14.78 in the corresponding period.
Market value of BUA Foods Plc 18 billion outstanding shares printed at N14.380 trillion in the stock market as the unit price steadied at N798.90. NCR Nigeria Q4 2025 Unaudited Results Highlight Valuation-Fundamentals Mismatch
