BUA Foods Posts ₦1.77 Trillion Revenue, Boosts Dividend By 115%

BUA Foods Plc has reported strong financial results for 2025, posting revenue of ₦1.77 trillion, up 16% from ₦1.53 trillion in 2024. Profit after tax jumped 95% to ₦518.4 billion, underscoring the company’s robust growth and operational efficiency across its sugar, flour, pasta, and rice businesses.
Reflecting confidence in its performance, the board proposed a dividend of ₦28 per share, more than double the ₦13 per share paid in 2024, representing a 115% increase and a total proposed payout of ₦504 billion. Shareholders will vote on the dividend at the 2026 Annual General Meeting.
Chairman Abdul Samad Rabiu said the results demonstrate the strength of BUA Foods’ growth strategy, noting that the dividend increase reflects the company’s commitment to delivering enhanced value to shareholders while continuing to invest in its business.
Managing Director Engr. Ayodele Musibau Abioye highlighted that sustained demand across the company’s product categories, coupled with capacity expansion and improved supply chain management, has positioned BUA Foods for continued growth.
Total assets rose 27% to ₦1.39 trillion, reflecting ongoing investments in operations and the value chain. The company’s performance was driven by revenue expansion, cost optimisation, and operational efficiency, strengthening its position as a key player in Nigeria’s food manufacturing sector.
With solid fundamentals and a strong balance sheet, BUA Foods Plc is well-positioned to maintain its growth trajectory while supporting food security and economic development in Nigeria and the broader West African region.
