Saturday, January 31, 2026
32.6 C
Lagos

Business

Repton Group Wins 2025 Dangote Cement Largest Distributor Award

…in Nigeria, Sub-Saharan Africa By Goke Ilesanmi L-R: Alhaji Aliko...

MTN: The Best Mobile Internet Performance in Nigeria 2025

  Analysis period: January 1, 2025 - December 31,...

NIPR Postpones Annual PRICE Awards to Jan 25, 2026

The Nigerian Institute of Public Relations (NIPR) has deferred...

Wines of Canada Debuts in the Nigerian Market

Carl DIB Merchandising Limited, a leading company in the...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX Group, Lagos State, HEI Expand Project BLOOM to Alimosho, Building on Measurable Social Impact

Nigerian Exchange Group Plc (NGX Group), in partnership with...

Stockbrokers, Securities Dealing Houses Congratulate NGX on N100tn Market Capitalisation

The Chartered Institute of Stockbrokers (CIS) and the Association...

Tinubu Applauds NGX N100tn Milestone, Charges Nigerians to Invest More Locally

President Bola Tinubu has praised corporate Nigeria, citizens, and...

FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

The Federal Government has inaugurated the National Tax Policy...

NGX Expands Market Offerings with Introduction of Commercial Paper Listings

Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP)...

Insurance

Linkage Assurance Reports 24% Rise in Insurance Revenue to N27.6bn in FY 2025

Underwriting giant, Linkage Assurance Plc, delivered a robust operating...

Heirs Insurance Hackathon Opens: Nine University Students to Win N9m Innovation Prize

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, calls...

Royal Exchange CEO: Recapitalisation Will Reposition Insurance Sector, Support $1tn Economy Goal

Mrs. Idu Okeahialam, Group Managing Director/CEO, Royal Exchange Plc,...

Sovereign Trust Insurance Strengthens Partnership with TEXEM UK

L-R: Akinwumi Akinrinmade, ED, Technical Operations, Sovereign Trust Insurance...

SanlamAllianz Takes Financial Education to Lagos Markets

Insurance giants, SanlamAllianz has launched a financial education campaign...

Business

Repton Group Wins 2025 Dangote Cement Largest Distributor Award

…in Nigeria, Sub-Saharan Africa By Goke Ilesanmi L-R: Alhaji Aliko...

MTN: The Best Mobile Internet Performance in Nigeria 2025

  Analysis period: January 1, 2025 - December 31,...

NIPR Postpones Annual PRICE Awards to Jan 25, 2026

The Nigerian Institute of Public Relations (NIPR) has deferred...

Wines of Canada Debuts in the Nigerian Market

Carl DIB Merchandising Limited, a leading company in the...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX Group, Lagos State, HEI Expand Project BLOOM to Alimosho, Building on Measurable Social Impact

Nigerian Exchange Group Plc (NGX Group), in partnership with...

Stockbrokers, Securities Dealing Houses Congratulate NGX on N100tn Market Capitalisation

The Chartered Institute of Stockbrokers (CIS) and the Association...

Tinubu Applauds NGX N100tn Milestone, Charges Nigerians to Invest More Locally

President Bola Tinubu has praised corporate Nigeria, citizens, and...

FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

The Federal Government has inaugurated the National Tax Policy...

NGX Expands Market Offerings with Introduction of Commercial Paper Listings

Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP)...

Insurance

Linkage Assurance Reports 24% Rise in Insurance Revenue to N27.6bn in FY 2025

Underwriting giant, Linkage Assurance Plc, delivered a robust operating...

Heirs Insurance Hackathon Opens: Nine University Students to Win N9m Innovation Prize

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, calls...

Royal Exchange CEO: Recapitalisation Will Reposition Insurance Sector, Support $1tn Economy Goal

Mrs. Idu Okeahialam, Group Managing Director/CEO, Royal Exchange Plc,...

Sovereign Trust Insurance Strengthens Partnership with TEXEM UK

L-R: Akinwumi Akinrinmade, ED, Technical Operations, Sovereign Trust Insurance...

SanlamAllianz Takes Financial Education to Lagos Markets

Insurance giants, SanlamAllianz has launched a financial education campaign...

UAC Records Revenue Surge, Profit Impacted by One-Off Acquisition-Related Costs

UAC of Nigeria Plc has announced its unaudited financial results for the fourth quarter and year ended December 31, 2025, recording a 74% increase in revenue to ₦343.4 billion, following the successful completion of its transformational acquisition of C.H.I. Limited alongside continued contributions from the Group’s core operating businesses.

The 2025 financial year marked a strategic inflection point for the Group, characterised by a significant expansion in scale, entry into large consumer growth categories, and strong underlying earnings momentum, albeit alongside ₦21.2 billion in one-off acquisition-related costs incurred during the year. Excluding these non-recurring costs, underlying profit before tax rose by 76% year-on-year to ₦28.7 billion, underscoring the strength of the Group’s core operating performance.

In the fourth quarter alone, the inclusion of three months’ performance from C.H.I. Limited drove a 62 per cent year-on-year increase in revenue to ₦183.8 billion, providing early evidence of the earnings potential of the expanded portfolio.

Operating profit stood at ₦8.2 billion, down from ₦12.2 billion in Q4 2024, reflecting the impact of one-off transaction costs related to the acquisition of C.H.I. Limited. Excluding these one-off costs, operating profit surged to ₦20.3 billion, representing a 66 per cent year-on-year increase.

The acquisition of C.H.I. Limited has significantly broadened UAC’s operating base, adding leading consumer brands such as Chivita, Hollandia, and Capri-Sun, while SuperBite and Beefie has further strengthened the Group’s snacks portfolio. The transaction has also deepened leadership and operational capacity across the Group.

Commenting on the results, Group Managing Director, Mr. Fola Aiyesimoju, said: “2025 was a pivotal year for UAC. The completion of the acquisition of C.H.I. Limited significantly increased the scale of our Group, with revenue reaching ₦343 billion, a 74% increase compared to 2024. While Group profitability was impacted by ₦21 billion one-off acquisition costs, our underlying performance was strong, with profit before exceptional items rising by 76% to ₦29bn, from ₦16bn in 2024. With the acquisition completed, our focus is on executing our value creation plan, prioritising margin recovery, and working capital optimisation, to deliver stakeholder value consistent with our growth strategy.”

Segment performance reflected a mix of consolidation gains and macroeconomic headwinds. The Packaged Food and Beverages segment emerged as the Group’s largest contributor following the inclusion of C.H.I. Limited, delivering ₦204.5 billion in full-year revenue.

The Paints segment also delivered another year of steady growth, supported by increased demand for premium products and improved product mix. Revenue rose by 23 per cent year-on-year, while profit before tax grew by over 50 per cent, reflecting pricing discipline and operational efficiency.

Meanwhile, the Quick Service Restaurants business continued its recovery trajectory, recording improved revenues and a further reduction in operating losses following tighter cost controls.

In the Edibles and Feeds segment, operating conditions remained challenging due to declining agricultural commodity prices. During the fourth quarter, the segment recognised an inventory write-down of ₦4.1 billion to net realisable value, a prudent measure that strengthens balance sheet resilience and supports improved margin performance going forward.

Beyond its operating subsidiaries, UAC also benefited from improved contributions from associate companies, supported by sales of non-core property assets at MDS Logistics Limited.

Looking ahead, UAC of Nigeria Plc enters 2026 with a strengthened portfolio, improved earnings base, and a clear execution agenda, positioning the Group to unlock value from its expanded portfolio and deliver consistent long-term shareholder value.

 

About UAC of Nigeria Plc

UAC of Nigeria PLC (UACN) is a holding company with subsidiary and associate companies operating in Packaged Food and Beverages, Paints, Edibles and Feeds, Quick Service Restaurants, Real Estate, and Logistics sectors. UAC has played a prominent role in Nigeria’s development for over a century. The company is focused on building its businesses into leaders in their chosen segments. 

UAC’s portfolio includes leading brands such as Gala Sausage Roll, Gala Chin-Chin, Kingsway Loaf, Kingsway Pastry Roll, Swan natural spring water, Capri-Sun, Chivita juice, Hollandia, SuperBite, Beefie, Dulux paint, Sandtex paint, Grand soya oil and cereals, Vital Feeds, Mr. Bigg’s and Debonairs Pizza.

Hot this week

Moniepoint Celebrates 10 Years of Impact, Microfinance Bank Reports N412tn Transactions in 2025

Moniepoint Inc., Nigeria's definitive platform for small businesses and...

PenCom, PFAs to Unveil PENCAP – Data Recapture Self-Service Platform Feb 1

The National Pension Commission (PenCom), in collaboration with Pension...

NNPC Unveils Gas Master Plan 2.0, Milestone Represents Nigeria’s Dev’t Aspirations, Says Ekpo

L-R: Executive Vice President, Gas, Power & New Energy,...

NLNG Rebrands The Nigeria Prizes with New Visual Identities

L–R: Dr. Sophia Horsfall, GM, External Relations & Sustainable Development,...

Topics

Transforming Marketing Landscape with Consumers Value Broadcasting Platform

By Elvis Eromosele Today the average consumer is inundated with...

AMCON CEO: Why Airlines Fail In Nigeria

The failure of many airlines in Nigeria and why...

Insurance Through COVID-19: GNI Plc Open Alternative Business Channels

  Mrs. Cecilia O. Osipitan Managing Director/CEO Great Nigeria Insurance Plc Great...

Nigeria, E/Guinea Mull New Opportunities in International Oil Sector

The Governments of Nigeria and the Republic of Equatorial...

Stock Market Bullish Run Halts… ASI Down 0.2%

In yesterday’s trading session, the three-day bullish run in...

Case Study: The Collapse of Lehman Brothers

Overview On September 15, 2008, Lehman Brothers filed for bankruptcy. With $639 billion in assets and $619 billion in debt, Lehman's bankruptcy filing was the largest in history, as its assets far surpassed those of previous bankrupt giants such as WorldCom and Enron. Lehman was the fourth-largest U.S. investment bank at the time of its collapse, with 25,000 employees worldwide. Lehman's demise also made it the largest victim, of the U.S. subprime mortgage-induced financial crisis that swept through global financial markets in 2008. Click here to make a lazy tweet

Domestic Bourse Sustains Positive Streak… ASI Up 14bps

The equities market maintained a positive performance at the close...

Ecobank Appoints Adjei as CEO for CESA Countries

Ecobank Transnational Incorporated (ETI), parent company of the Ecobank...
Exit mobile version