BUA Cement posts N1.2tr revenue, declares N10 per share dividend

BUA Cement has reinforced its position as one of Nigeria’s leading industrial giants after delivering a record-breaking financial performance for the 2025 financial year and rewarding shareholders with an approved dividend of N10.00 per share at its 10th Annual General Meeting held in Abuja. The company recorded impressive growth across all major financial indicators, underlining its resilience, operational strength, and expanding influence within Nigeria’s infrastructure and manufacturing sectors despite a challenging macroeconomic environment. BUA Cement posted revenue of N1.2 trillion in 2025, representing a 34.5 per cent increase from N876.5 billion recorded in 2024. Gross profit more than doubled to N604.1 billion from N300.2 billion in the previous year, while Profit After Tax surged by 381.7 per cent to N356 billion, compared to N73.9 billion in 2024. The company’s earnings per share also climbed significantly from N2.18 in 2024 to N10.00 in 2025, reflecting stronger profitability and enhanced shareholder value creation. Speaking at the AGM, the Chairman, BUA Group, Abdul Samad Rabiu, thanked shareholders for their continued confidence in the company, describing their trust as a major driver of BUA Cement’s sustained growth trajectory. “Your faith and belief in us to continue adding value is the foundation for this impressive performance we have recorded,” he said. According to him, despite the challenges arising from ongoing economic reforms, BUA Cement has continued to emerge stronger and more competitive, maintaining its focus on long-term value creation and industrial expansion. Rabiu noted that the company remains strategically positioned to benefit from Nigeria’s growing infrastructure development agenda, particularly the increasing adoption of concrete road construction across the country. He disclosed that BUA Cement would continue to strengthen its expansion programme, preserve capital integrity, and build on the success of its bulk cement distribution business. The Chairman also revealed that the planned commissioning of the BUA LNG project is expected to significantly reduce energy costs and improve operational efficiency across the company’s plants by providing a more reliable and cost-effective energy source. Industry analysts believe the company’s strong earnings growth and sustained investment strategy further consolidate its standing as one of Nigeria’s most valuable manufacturing companies and a critical player in the country’s industrialisation drive. Shareholders at the meeting applauded the leadership of the company’s Chairman and the management team for steering the company through a period marked by economic reforms, inflationary pressures and industry-wide volatility. As Nigeria continues to push infrastructure development and local manufacturing, BUA Cement’s performance highlights the increasing role of indigenous industrial companies in driving economic growth, employment creation, and long-term national development.