BUA Foods Plc has achieved significant revenue growth, with a total of N1.77 trillion for the year ending December 31, 2025. This represents a 16 per cent increase from the N1.53 trillion recorded in 2024. The company's audited financial results, released on Monday, also show a proposed dividend of N28 per share, which is a 115 per cent increase from the N13 per share paid in 2024.
\nThe company's profit after tax rose by 95 per cent to N518.4 billion, while total assets increased by 27 per cent to N1.39 trillion. BUA Foods attributes its revenue growth to sustained demand for its products, including sugar, flour, pasta, and rice, as well as the execution of its expansion strategy.
\nAccording to Abdul Rabiu, BUA chairman, the company's 2025 performance demonstrates the strength of its growth strategy. Ayodele Abioye, the managing director, stated that the company's focus remains on driving sustainable revenue growth through capacity expansion and improved supply chain management.
\nThe proposed dividend of N28 per share by BUA Foods Plc is a clear indication of the company's commitment to delivering value to its shareholders. Abdul Rabiu's statement on the company's growth strategy is reassuring, and the significant increase in profit after tax to N518.4 billion is a testament to the company's ability to execute its expansion plans effectively. The total payout of N504 billion, subject to shareholders' approval, will likely have a positive impact on the economy. With BUA Foods' revenue growth driven by sustained demand for its products, it is likely that the company will continue to play a significant role in Nigeria's food industry. The company's focus on driving sustainable revenue growth through capacity expansion and improved supply chain management is a step in the right direction.
