Leading food manufacturing company, BUA Foods Plc, on Monday said it grew its revenue by 16 per cent to N1.77 trillion in 2025 compared to N1.53 trillion in the preceding year.
The performance reflected sustained demand across its product portfolio including sugar, flour, pasta and rice, as well as continued execution of its scale and market expansion strategy.
According to its audited financial results for the year under review, the company maintained a solid financial position, with total assets increasing by 27 per cent to N1.39 trillion, a reflection of continued investment across its operations and value chain to support long-term growth.
The company’s Profit After Tax (PAT) also increased by over 95 per cent year on year to N18.4 billion, demonstrating strong revenue growth and reinforcing its commitment to creating value for shareholders.
The board also proposed a total dividend payout amounting to N504 billion subject to shareholders approval at the 2026 Annual General Meeting (AGM) later this year.
The proposed dividend translated to N28 per share, representing a 115 per cent increase compared to the N13 per share paid in 2024, in line with its commitment to rewarding shareholders.
Commenting on the performance, Chairman, BUA Group, 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 significant increase further demonstrates strong value creation and consistent focus on delivering superior shareholder returns.
Managing Director/Chief Executive, BUA Foods, Mr. Ayodele MusibauAbioye, “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.”
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.
With strong fundamentals, improved profitability, and continued investment across its value chain, BUA Foods said it remained well-positioned to sustain its growth trajectory while contributing to food security and economic development in Nigeria and other West African countries.
James Emejo
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