Bua Foods Plc · NSENG:BUAFOODS
Bua Foods — 9M 2025 Earnings Presentation
30 slides from Bua Foods's earnings presentation, November 2025
Slide 1: Presentation to Investors and Analysts 9M 2025 Financials
Presentation to Investors and Analysts 9M 2025 Financials
Slide 2: Disclaimer (1/2)
Disclaimer (1/2) ▪ This presentation has been prepared by BUA Foods published by the Company in final form in relation to or any of their respective affiliates, directors, officers, PLC (“BUA Foods” or the “Company”) to provide an any proposed offering. This presentation does not employees or agents
Slide 3: Disclaimer (2/2)
Disclaimer (2/2) ▪ The presentation includes market share and facts and may be identified by words such as performance and such risks, uncertainties, industry data obtained by the Company from “believes”, “expects”, “anticipates”, “intends”, contingencies and other important factors could industry p
Slide 4: Presenters
Presenters Ayodele Abioye (PhD, FNSE) Michael Ehimah Managing Director Ag. Chief Financial Officer
Slide 5: Change of Guard: Chief Financial Officer
Change of Guard: Chief Financial Officer Abdulrasheed Olayiwola Michael Ehimah Fmr Chief Financial Officer/ED Ag. Chief Financial Officer We thank you for the exceptional service BUA Foods Plc | 9 M 2025 Investors & Analysts Conference Call
Slide 6: New Chief Financial Officer: Profile
New Chief Financial Officer: Profile He brings over 20 years of combined experience in Accounting, Statutory and Financial Reporting, Process and Controls Design, and Strategic Finance. He holds a BSc. in Accounting and Finance from Edo State University and a Master’s degree from Obafemi Awolowo Uni
Slide 7: IRS
IRS Semolina 1KG 9 Check Your Nearby Store
Slide 8: Outline Slide
8 Outline Slide ▪ Company Overview 7 ▪ Business Operations Highlights 11 ▪ Financial Performance Highlights 18 ▪ Strategy & Outlook 26 ▪ Q&A 30
Slide 9: Company Overview
Company — Overview |
Slide 10: Our Journey: Driven by the Power of Our Purpose & Values
Our Journey: Driven by the Power of Our Purpose & Values Our Journey since listing on the NGX • Restructuring by way of merger among BUA Sugar Refinery 2021 Limited, IRS Flour Mills Limited, IRS Pasta Limited, BUA Rice Limited, BUA Oil Mills Limited and BUA Foods Limited. Incorporation of BUA Flour
Slide 11: Our Brand keeps Evolving
Our Brand keeps Evolving: Delivering Value and Supporting Nigeria’s Food Security Agenda. 8 5 2 +3k Plants across Business Divisions Strategic Subsidiaries Direct & Indirect Jobs the country +17k ₦11.33 Trillion Most Capitalized Most Profitable Food Diversified Market Capitalization Company on the B
Slide 12: Business Operations Highlights
Business Operations Highlights 11
Slide 13: Business Operations Highlights
Business Operations Highlights
Slide 14: Macroeconomic Stability: A Platform for Continued Business Momentum
Macroeconomic Stability: A Platform for Continued Business Momentum Real GDP Growth (%) Inflation (%) • The Nigerian economy remains predominantly oil-dependent, with crude 4.23 Food Headline Core oil serving as the principal source of 3.84 3.90 export revenue and government income. 3.46 3.46 3.19 3
Slide 15: Sustaining Volume Growth
Sustaining Volume Growth: Strategic Investments and Market Growth Continue to Strengthen Revenue Trajectory Flour Pasta (Tons) (Tons) 951,271 +26% +4% Aggregate Volume (Tons) 9M 2025 9M 2024 9M 2025 9M 2024 Sugar +36% (Tons) Rice (Tons) 1,133,561 +5% +5083% 9M 2025 9M 2024 9M 2025 9M 2024 9M 2025 9M
Slide 16: Sustained Margins
Sustained Margins: Strategic Investments and Market Growth Continue to Strengthen Revenue Trajectory Revenue and Profit After Tax (PAT) Growth Revenue and Cost Per Ton (₦’ Billion) (₦'000) Revenue Per Ton Cost Per Ton 1420 1253 1126 Margin Margin Margin Margin 1070 19% 29% 69% 63% 775 794 405 201 Re
Slide 17: Investors Dashboard
Investors Dashboard: Creating Sustainable Value by Delivering High-quality foods that Nourish Lives and Promote Food Security 51% 139% 10% Market Cap Shareholder Count % of NGX Market Cap Q1 2025: ₦7.52 TN Q1 2025: 7,213 Q1 2025: 11.4% Q3 2025: ₦11.33 TN Q3 2025: 17,230 Q3 2025: 12.5% 51% Share Pric
Slide 18: Driving Long-Term Impact Through Environmental Stewardship and Social Responsibility
Driving Long-Term Impact Through Environmental Stewardship and Social Responsibility Community and Environmental Engagement Responsible production and environmental stewardship continue to be central to our operations in 9M of 2025 Air Quality (ppm): Noise Pollution Actual: 0.21 (Decibel): Target: 0
Slide 19: Financial Performance Highlights
SECTION 3: Q1 2024 Financial Performance Highlights Financial Performance Highlights 22
Slide 20: Financial Performance Highlights
Financial Performance Highlights
Slide 21: Year-on-Year Double Digit Growth
Year-on-Year Double Digit Growth: Summary of our Financial Performance BUA FOODS 9M 2025 FINANCIAL PERFORMANCE (B’N) YoY% Revenue 1,420 +33 Cost of Sales 900 +22 Gross Profit 521 +56 Profit Before Tax 433 +101 Profit After Tax 405 +101 Earnings Per Share 22.52 +101 Total Asset 1,243 +13 Total Equity
Slide 22: Maintaining a Strong Financial Performance Year to Date
Maintaining a Strong Financial Performance Year to Date REVENUE PROFIT AFTER TAX (PAT) Net revenue up 33% to Profit After Tax (PAT) up N1,420 billion from 101% to N405 billion from N1,070 billion recorded in 01 04 N201 billion recorded in the the comparative quarter comparative quarter GROSS PROFIT
Slide 23: Top-Line Growth
Top-Line Growth: Driven by Optimized profitable Volume and Product Mix Revenue (N’Bn) Revenue Drivers 1420 42% 1070 42% 10% 6% 33% Sugar Flour Pasta Rice 9M 2024 9M 2025 BUA Foods Plc | 9 M 2025 Investors & Analysts Conference Call
Slide 24: Resilient Profitability
Resilient Profitability Amidst Improved Demand & Revenue Gross Profit (N’Billion) Profit After Tax (N’Billion) 521 405 334 201 56% 101% 9M 2024 9M 2025 9M 2024 9M 2025 BUA Foods Plc | Q1 2025 Investors & Analysts Conference Call BUA Foods Plc | 9 M 2025 Investors & Analysts Conference Call
Slide 25: Sustained Value Creation
Sustained Value Creation: Amidst Increasing Shareholders Count (+17k) EARNINGS PER SHARE (EPS N:K) 22.52 +101% 11.19 9M 2024 9M 2025 BUA Foods Plc | 9 M 2025 Investors & Analysts Conference Call
Slide 26: Continued Financial Resilience
Continued Financial Resilience: Driven by Robust Retained Earnings Growth Total Assets (N’Billion) Retained Earnings (N’Billion) 1243 592 421 1095 13% 41% FY 2024 9M 2025 FY 2024 9M 2025 BUA Foods Plc | 9 M 2025 Investors & Analysts Conference Call
Slide 27: Outlook
FOODS Outlook
Slide 28: Our Six Strategic Pillars Continue to Guide Direction & Execution
Our Six Strategic Pillars Continue to Guide Direction & Execution Executing with precision to deliver double digits growth across key performance metrics. 1 4 2 5 3 6 BUA Foods Plc | 9 M 2025 Investors & Analysts Conference Call
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Slide 30: Thank You
Thank You BUA Foods PLC BUA Towers, PC 32, Churchgate Street Victoria Island, Lagos. Tel: +234 461 0669 +234 1 262 3535 Q & A Session Email: ir@buafoodsplc.com