BUA Cement announced the release of its full year 2025 audited financial statements, reporting a landmark revenue growth to N1.18 trillion, up by 34.6 per cent from N876.5 billion reported in 2024.
The company recorded a profit before tax of N465.3 billion in 2025, representing an increase of 367 per cent when compared to N99.6 billion in 2024, and a profit after tax of N356 billion, up by 381.7 per cent from N73.9 billion in 2024.
The board of directors,however, recommended for shareholders’ approval, the declaration of a dividend of N10.00kobo dividend per one (1) ordinary share of 50 kobo each, out of the profits declared in the financial year ended December 31, 2025 (2024: N2.05).
With the renewed focus, margins improved, with gross profit and EBITDA margins increasing by 16.8 and 16 percentage points to 51.2per cent and 46.6per cent, respectively.
This outstanding performance reflects disciplined operational alignment that has delivered efficiency and effectiveness, and is supported by best-in-class products and service offerings, ensuring sustained value creation for all stakeholders.
Speaking on the overall performance, the Managing Director/ CEO, BUA Cement, Mr. Yusuf Binji in a statement said: “This has been a remarkable year for us, both strategically and operationally, culminating in the strong financial performance shown.
“At the start of the year, we outlined three key priorities: margin recovery, cost management and process improvement, and market penetration.
“Through process reviews and targeted realignments, we explored smarter ways of operating internally. “This approach included close engagement with suppliers and service providers across the value chain, and I am pleased that the results are reflected in the improved margins reported.
“During the year, we hosted our partners at the ‘Pillars of Strength’ Awards; expanded our logistics capacity, adding 500 new bulk cement tankers, and resumed exports to Niger and Burkina Faso. We also launched a 24-hour service centre to further enhance customer responsiveness.
“Key projects, including Ososo Line-1 and the Sokoto regasification plant are progressing on schedule. On completion, our installed capacity will reach 20mmtpa, positioning us to meet growing local and regional demand.
“Looking ahead to 2026, our key priorities will focus on enhanced cost management, deeper local and regional market penetration, and advancing sustainability initiatives. Steps are underway to ensure we meet our target date for the pilot IFRS sustainability report for the 2026 financial year”.
