Leading Nigerian meals manufacturing firm, BUA Foods Plc, has recorded a rise in gross revenue to ₦552.90 billion for the 9 months ended 30 September 2026, in contrast with ₦520.65 billion within the corresponding interval of 2025. Gross revenue margin expanded considerably to 48.3%, from 36.7% within the prior-year interval, reflecting improved value effectivity and disciplined value administration.
The sturdy margin efficiency supported an 11% year-on-year improve in revenue after tax to ₦450.47 billion, up from ₦405.27 billion within the corresponding interval of 2025.
The Company’s unaudited monetary outcomes reveal the resilience of its working mannequin and the impression of disciplined value administration, with profitability bettering amid evolving market dynamics and a continued deal with operational effectivity. A key driver of efficiency was the 34% discount in value of gross sales to ₦592.94 billion, reflecting decrease topline prices and a extra secure overseas trade setting.
Further demonstrating improved working effectivity, whole working bills decreased by 20% to ₦66.99 billion, in contrast with ₦83.65 billion within the corresponding interval of 2025. Selling and distribution bills declined by 15% to ₦45.04 billion, whereas administrative bills decreased by 28% to ₦21.95 billion.
These enhancements supported a 12-percentage-point growth in working revenue margin, which rose to 43% from 31%. Profit earlier than tax grew by 11% to ₦480.52 billion, whereas Earnings per share additionally elevated by 11% to ₦25.03, in contrast with ₦22.52 within the prior-year interval.
Commenting on the outcomes, Engr. Ayodele Abioye, Managing Director of BUA Foods Plc, stated:
“Our nine-month 2026 outcomes reveal the resilience of BUA Foods’ working mannequin and the advantages of disciplined value and margin administration. Despite a 19% decline in income to ₦1.15 trillion, pushed by softer pricing circumstances and subdued shopper demand, we maintained a considerable enchancment in profitability via efficient value optimisation, improved productiveness and rigorous execution throughout the enterprise.
“The sustained strength of our brands and our continued investment in route-to-market capabilities provide a solid foundation for future growth. Looking ahead, we remain focused on driving profitable growth, enhancing market penetration and maintaining operational efficiency. While the operating environment remains dynamic, BUA Foods is well-positioned to leverage its scale, strong market positions and execution capabilities to deliver sustainable long-term value.”
Outlook
BUA Foods stays targeted on strengthening its market place, bettering operational effectivity and delivering sustainable, worthwhile development. The Company will proceed to construct on its established manufacturers and provide chain capabilities to assist market penetration and meet evolving shopper wants.
With its diversified portfolio spanning sugar, flour, pasta, rice and edible oils, BUA Foods continues to leverage its manufacturing scale, distribution capabilities and established market presence to assist its long-term development ambitions and dedication to nourishing lives.
