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Business

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BUA Foods Posts ₦1.77tn Revenue, Signals Confidence with ₦28 Dividend as Payout Jumps 115%

Nigeria’s leading food manufacturing company, BUA Foods Plc has announced its audited financial results for the year ended December 31, 2025, delivering strong revenue growth and reinforcing its commitment to creating value for shareholders.

The Company recorded revenue of ₦1.77 trillion, representing a 16% increase from ₦1.53 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 has proposed a dividend of ₦28 per share, representing a 115% increase compared to the ₦13 per share paid in 2024, and amounting to a total proposed payout of ₦504 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.

Commenting 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 28 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 Musibau 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.”

The Company also maintained a solid financial position, with total assets increasing by 27% to ₦1.39 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.

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.

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