FY 2025: BUA Cement declare N1.1trn profit, set to pay final dividend of N10

BUA Cement Plc has released its audited financial statements for the fiscal year ended December 31, 2025, revealing a year of explosive growth and record-breaking profitability.

The cement manufacturing giant saw its revenue climb to an impressive N1.18 trillion, representing a 35% increase from the N876.47 billion recorded in 2024.

This top-line growth was primarily driven by a strategic combination of increased sales volumes and price adjustments across its key markets, reflecting the company’s strong pricing power and expanded production capacity.

The most striking feature of the 2025 results is the massive leap in bottom-line performance, with Profit After Tax (PAT) soaring by 382% to N356.04 billion, compared to N73.91 billion in the previous year.

This surge in profitability was underpinned by a dramatic reduction in foreign exchange losses, which had heavily weighed on the company's 2024 earnings.

By effectively managing its currency exposure and optimizing its finance lines, BUA Cement managed to more than double its gross profit to N604.2 billion, even as it navigated inflationary pressures and rising administrative costs.

In a major win for shareholders, the Board of Directors of BUA Cement has proposed a final dividend of N10.00 per ordinary share for the 2025 financial year.

This represents a significant increase from the N2.05 per share paid in 2024 and reflects the company's robust cash position, with cash and cash equivalents rising to N280.4 billion.

The total dividend payout is set to be one of the largest in the sector, with the company's Chairman, Abdul Samad Rabiu, expected to receive approximately N324.3 billion in dividends from his direct and indirect holdings.

The dividend is subject to shareholder approval at the upcoming Annual General Meeting and will be paid to shareholders whose names appear on the Register of Members as of the close of business on May 8, 2026.

Electronic payments are scheduled to commence on May 21, 2026, for all qualified shareholders who have completed their e-dividend registration.

This generous payout underscores BUA Cement's commitment to delivering superior shareholder value, maintaining a tradition of distributing a significant portion of its annual profits.

Following the 2025 results, the outlook for BUA Cement remains exceptionally positive as the company continues to scale its operations. Having successfully raised its production capacity to 17 million metric tonnes per annum (MMTPA) with the commissioning of new lines in Edo and Sokoto States, the firm is now focused on its next phase of growth, the construction of a 3 MMTPA greenfield plant in Ososo, Edo State.

The company also indicated that the future strategy will center on four key pillars: optimizing current production capacity, maintaining prudent debt management, expanding into underserved regional markets, and deepening digital transformation across its logistics and payment systems.