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BUA, Abdul Samad Rabiu

BUA Foods Plc has closed the 2025 financial year with a strong performance, posting a 91 per cent increase in Profit After Tax to ₦507.7 billion, underscoring its resilience in Nigeria’s challenging consumer goods market.

The food manufacturing company also recorded a 17.8 per cent rise in revenue to ₦1.8 trillion, driven by robust demand for staple food products despite inflationary pressures, foreign exchange volatility and higher production costs across the sector.

A significant portion of the growth came from BUA Foods’ expanding product portfolio, particularly its rice business, which recorded a surge of over 1,600 per cent in revenue to ₦95.6 billion. The company attributed the performance to increased production capacity and a broader distribution network.

Flour remained a major revenue driver, with sales rising to ₦704.7 billion, while sugar and pasta continued to record steady performance, supported by consistent consumer demand nationwide.

Managing Director of BUA Foods, Ayodele Abioye, said the company’s results reflected disciplined execution and a clear strategic focus amid a difficult operating environment.

According to him, the firm has sustained investments in its supply chain and production facilities, while deploying technology and efficiency improvements to manage costs, boost capacity and support long-term growth.

He added that BUA Foods remains committed to strengthening its market position by expanding local production and improving operational efficiency, even as economic uncertainties persist.

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BUA
Amarachi Ihesiulo

Ihesiulo Grace Amarachi is a Nigerian journalist, writer and media professional serving as the Editor-in-Chief of TheTraffic.NG, a digital news platform covering national and international affairs. Her editorial interests span politics, business, aviation, health, technology, entertainment, sports and social development. She is committed to credible journalism, insightful reporting and compelling storytelling that informs public discourse and keeps readers abreast of important developments in Nigeria, Africa and beyond.

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