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    MarketForces Africa » Analysis » VFD Group Forecasts Q4 Profit to Settle at N2.45 Billion

    VFD Group Forecasts Q4 Profit to Settle at N2.45 Billion

    Julius AlagbeBy Julius AlagbeSeptember 10, 2025Updated:September 10, 2025 Companies No Comments2 Mins Read
    VFD Group Forecasts Q4 Profit to Settle at N2.45 Billion
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    VFD Group Forecasts Q4 Profit to Settle at N2.45 Billion

    VFD Group Plc has forecasted its fourth quarter of 2025 profit to settle at N2.45 billion, details from the company’s regulatory filing revealed.

    In an earnings projection signed by its chief finance officer, Raphael Olope and Nonso Okpala, the company is targeting more than N24 billion as gross earnings.

    In the stock market, its share price dipped slightly as investors trimmed positions. The company’s share price fell to N10.90 as 2.925 million units valued at N31.871 million were traded in the open market.

    This left market value of VFD Group’s 7.601 billion shares outstanding at N82.851 billion, which is about 43% below its highest value in 52-week.

    VFD Group is targeting N24.082 billion as its gross earnings for the fourth quarter of 2025. Operating income is anticipated to reach N23.012 billion, and total operating expenses is estimated at N5.532 billion.

    Its finance costs for the period is anticipated to settle at N12.765 billion, leaving a projected pre-tax profit of N3.504 billion for the company. The company estimates N1.105 billion for tax payment in Q4, leaving net income at N2.452 billion. #VFD Group Forecasts Q4 Profit to Settle at N2.45 Billion

    Naira Strengthens to N1506 as Foreign Reserves Hit $41.5bn

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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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