Beta Glass Plc (“Beta Glass” or “the Company”), the main glass container producer in West and Central Africa, publicizes its monetary
efficiency for the third quarter and 9 months ended 30 September 2026, as offered in its Unaudited Interim Financial Statements.
Beta Glass delivered a powerful Q3 in 2026, recording double-digit progress in income, gross revenue, and working revenue, in contrast with Q3 in 2025. The outcomes spotlight improved gross revenue margins and working profitability. Year-to-Date Revenue, Gross Profit and Operating
Profit additionally confirmed optimistic progress versus the earlier yr. EBITDA rose to 40.8% in Q3 2026 from 37.6% in Q3 2025 and to 39.5% in 9M 2026 from 38.2% 9M 2025, supported by wholesome demand from key prospects, improved manufacturing efficiencies and disciplined value administration.
Financial Performance Overview
| Financial Indicator | Q3 2026 (₦’000) | Q3 2025 (₦’000) | Q3 Change (%) | 9M 2026 (₦’000) | 9M 2025 (₦’000) | 9M Change (%) |
|---|---|---|---|---|---|---|
| Revenue | 40,368,602 | 36,148,983 | +11.7% | 120,083,285 | 114,381,890 | +5.0% |
| Gross Profit | 15,182,964 | 12,512,421 | +21.3% | 43,254,879 | 41,894,054 | +3.2% |
| Operating Profit | 13,727,899 | 11,932,501 | +15.0% | 39,254,843 | 38,778,904 | +1.2% |
| Profit Before Tax | 13,159,347 | 12,714,324 | +3.5% | 37,640,599 | 40,318,755 | -6.6% |
| Profit After Tax | 8,768,999 | 8,518,597 | +2.9% | 24,926,626 | 27,223,943 | -8.4% |
| Earnings Per Share (₦) | 14.62 | 14.20 | +2.9% | 41.55 | 45.38 | -8.4% |
Key Highlights
Revenue: 11.7% YOY improve in income in Q3 2026 on the again of double-digit quantity progress. This lifted 9M 2026 income to ₦120.08 billion, a 5% improve on 9M 2025, towards a powerful comparative base set by early-year buyer stocking exercise in 2025.This efficiency displays sustained buyer demand, improved industrial execution, and our continued give attention to operational excellence, supported by continued industrial and operational actions.
Gross Profit and Operating Performance: 21.3% Gross Profit improve in Q3 2026 outpaced income progress, with gross margin bettering to 37.6% from 34.6% in Q3 2025.In spite of US/Iran battle induced margin pressures, 9M 2026 gross margin was roughly steady at 36.2% vs 36.6% in 9M 2025.
Profit After Tax (PAT): Profit After Tax recorded modest progress of two.9% yr on yr, at ₦8.77 billion in Q3 2026, versus ₦8.52 billion in Q3 2025. Commenting on the outcomes, the Chief Executive Officer of Beta Glass Plc, Alex Gendis, mentioned: “Our 11.7% revenue growth in Q3 2026 reflects another quarter of strong commercial performance, backed by a double-digit increase in sales volume, driven by healthy demand from our key customers in the brewery, soft drinks, pharma, and cosmetics segments. A 21.3%increase in gross profit reflects the gains from our tight cost management and improved manufacturing efficiencies. These have resulted in an encouraging improvement in our gross margin from 34.6% to 37.6%.
While Iran/US war induced factors continued to place pressure on our overall earnings, we recorded modest growth in PBT and PAT during Q3 2026. The 6.6% decline in PBT in 9M 2026 vs 9M 2025 is reflective of the strong comparative base set by early-year customer stocking
activity in 2025. Our focus remains on managing all macro and operating pressures while sustaining the improvements recorded in our operating performance. As we approach the end of the year, we remain committed to operational excellence, disciplined cost management and delivering high-quality glass packaging solutions to our customers across local and export markets. These priorities will continue to guide our efforts to strengthen the business and create long-term value for our shareholders.”
The Unaudited Interim Financial Statements for the 9 months ended 30 September 2026 will probably be accessible on the Company’s web site at www.betaglass.com, following their official launch.
