Bua Foods Plc · NSENG:BUAFOODS
Bua Foods — H1 2026 Earnings Presentation
32 slides from Bua Foods's earnings presentation, Aug 5, 2026
Slide 1: Enquiries: customerservice@buafoodsplc.com, info@buafoodsplc.com
Enquiries: customerservice@buafoodsplc.com, info@buafoodsplc.com
Slide 2: H1 2026 Investors & Analysts Conference Call
H1 2026 Investors & Analysts Conference Call Half Year 2026 Financial Results Date: Visit Our Website: 05.August.2026 www.buafoodsplc.com
Slide 3: Presenters
PRESENTERS Ayodele Abioye (PhD, FNSE) Managing Director Michael Ehimah Ag. Chief Financial Officer
Slide 4: Outline
06 About BUA Foods 11 Key Business Facts Outline 19 Financial Performance Highlights 26 Outlook 28 Q&A H1 2026 Investors & Analysts Conference Call 04
Slide 5: IRS
IRS Semolina 1KG 9 Check Your Nearby Store
Slide 6: About BUA Foods
About BUA Foods BUA Foods Plc is a leading Nigerian food manufacturing and processing company listed on the Nigerian Exchange Limited. The Company is engaged in the processing, manufacturing, and distribution of essential food products, including Sugar, Flour, Pasta, Rice, and Edible oils. H1 2026 I
Slide 7: About BUA Foods Cont'd
About BUA Foods Cont’d Incorporated in 2021 following the consolidation of key businesses under BUA Group, BUA Foods operates multiple production facilities across Nigeria and serves millions of consumers across Nigeria and West Africa. The Company is committed to advancing food security, delivering
Slide 8: Driven by Purpose & Values
Driven by Purpose & Values Mission To be the leading food manufacturing company, fulfilling Africa’s food demand. Vision To deliver high-quality foods that nourish lives, promote food security, and create sustainable value for all. Our Core Values Respect Innovation Commitment Excellence Give it! It
Slide 9: BUA Foods Growth Evolution
BUA Foods Growth Evolution A Disciplined Journey of Scale, Integration, and Growth 4 3 2 ₦ 1 Commodity Trading (1988-2007) Factory Establishment (2008-2020) Business Consolidation (2021-2023) Business Expansion (2023-date) BUA Foods began as a commodity The company transitioned into BUA Foods unifie
Slide 10: It's So Good You Can't Resist
IT’S SO GOOD YOU CAN'T RESIST Unlock deliciousness with IRS Pasta
Slide 11: Key Business Facts
Key Business Facts
Slide 12: Key Business Facts as at Half Year 2026
Key Business Facts as at Half Year 2026 Creating Value and Supporting Nigeria’s Food Security Agenda 5 8 7 Business Divisions Plants across the country Upcoming Plants across the country +4k +3k ₦95 Mn Direct & Indirect Jobs Most Profitable Food Business Social Investment H1 2026 Businesses Directly
Slide 13: Key Business Facts as at Half Year 2026
Key Business Facts as at Half Year 2026 Creating Value and Supporting Nigeria’s Food Security Agenda ₦16.90 Trillion Most Profitable Food Business 3rd Most Capitalized Company Market Capitalization on The Stock Exchange on the Exchange +60k +36 +12% Diversified Shareholders Awards & Industrial Certi
Slide 14: Sustainability Governance Through Operational Stewardship and Social Investment
Sustainability Governance Through Operational Stewardship and Social Investment Community and Environmental Engagement Air Quality (ppm): Noise Pollution (Decibel): Actual: 0.19 Actual: 81 Target: 0.50 Target: 90 GHGe (KgC/ton) Water Economy (m3/ton) Actual: 136 Actual: 4.49 Target: 251 Target: 3:51
Slide 15: Investor Relations – Dashboard
Investor Relations – Dashboard H1 2026 Performance ₦ ₦ ₦ ₦ ₦939.0 ₦16.9tn 59,891 3rd +18 % +18 % +85% Share Price Market Capitalization Shareholders Top Listed on NGX Current - ₦939 Current - ₦16.9tn Count – 59,891 Current – 3rd We are currently on a trajectory to achieve and surpass ₦1000 share pri
Slide 16: Our Capital Market Performance Since Listing
Our Capital Market Performance….Since Listing Share Price Growth since Market Capitalization since Listing on NGX (₦’ Billion) Shareholder Count Growth Listing on NGX (₦) 939.00 16,902 59,891 14,380 CAGR: 798.90 CAGR: CAGR: 184% 88% 88% 7,470 415.00 24,954 193.40 3,481 5,574 1,287 2,612 40.00 71.50
Slide 17: 2026 AGM Highlights
2026 AGM Highlights Scaling Through Investments and Expansion “Our expansion programme is shaping the future of food manufacturing in Africa. We are investing boldly to expand our scale, strengthen our capabilities, and reinforce BUA Foods' leadership as Africa's leading indigenous food company whil
Slide 18: BUA Rice
BUA RICE i THE PERFECT RICE FOR FF EVERY DELICAC
Slide 19: Financial Performance Highlights
Financial Performance Highlights
Slide 20: Macroeconomic Resilience in H1 2026
Macroeconomic Resilience in H1 2026 Foundation for Sustained Business Momentum Real GDP Q1 2026 Food Inflation Headline Inflation 3.89% 17.52% 15.91% Q1 2025 at 3.13% Up from 8.89% in Jan 2026 81bps increase from 15.10% in Jan 2026 Naira / USD CBN MPR FMCG Market Growth ~N1,385 26.50% 54.10% Modest
Slide 21: Double Digit PAT Growth
Double Digit PAT Growth Financial Performance Highlights ACTUAL REVENUE EBITDA GROSS PROFIT PROFIT AFTER TAX ₦765.12bn ₦325.45bn ₦363.23bn ₦292.27bn ▼ 16% | ₦912.51 bn ▲ 12% | ₦289.68 bn ▲ 7% | ₦339.33 bn ▲12% | ₦260.07 bn Revenue — H1 2025 vs H1 2026 (₦bn) REVENUE HIGHLIGHTS 1000 913 Revenue declin
Slide 22: Cost of Sales & Margin Analysis
Sugar Flour Pasta Rice Cost of Sales & Margin Analysis Margins expanded across every measure ACTUAL COST OF COST OF SALES / RAW MATERIAL ENERGY COST / UNIT SALES UNIT C OST / UNIT ₦401.89bn ₦0.59m ₦0.52m ₦0.041m ▼ 30% | ₦573.18bn ▼ 26% | ₦0.80m ▼ 30% | ₦0.75m ▼ 3% | ₦0.042m Margins Comparison – H1 2
Slide 23: Statement of Financial Position
Statement of Financial Position Strategic Investments and Increasing Market Share Propel Margin Performance ASSETS NON-C URRENT ASSETS C URRENT ASSETS TOTAL ASSETS ₦405.24bn ₦1.27tn ₦1.67tn FY 2025: ₦394.40bn ▲ +3% FY 2025: ₦993.39bn ▲ +27% FY 2025: ₦1.39tn ▲ +20% LIABILITIES & EQUITY NON-C URRENT C
Slide 24: Continuous Value Creation
Continuous Value Creation Diversified Shareholder Base (+35k) Earnings Per Share (EPS N:K) 14.45 16.24 +12% H1 2026 H1 2025 H1 2026 Investors & Analysts Conference Call 24
Slide 25: nd the best Y ield
nd the best Y ield Boho
Slide 26: Outlook
Outlook
Slide 27: Outlook – Rest of the Year
Outlook – Rest of the Year Sustaining Growth with a Clear Focus on Key Priorities Accelerate Strengthen Maintain Pricing Sustain Cost Growth Recovery Market Share Discipline Efficiency Rebuild momentum in the Deepen penetration and Protect realised prices while Extend strategic sourcing and sugar an
Slide 28: Q & A Session
Q & A SESSION Thank You for your Attention. We now welcome your questions and comments. H1 2026 Investors & Analysts Conference Call 28
Slide 29: Contact Information
CONTACT INFORMATION BUA Foods PLC ir@buafoodsplc.com Office: +234 461 0669 BUA Towers, PC 32, Churchgate Street Victoria Island, Lagos. www.buafoodsplc.com +234 1 262 3535
Slide 30: Disclaimer (1/2)
Disclaimer (1/2) ▪ This presentation has been prepared by BUA Foods PLC (“BUA Foods” or the “Company”) to provide other than (i) by QIBs or (ii) in “offshore transactions” within the meaning of Regulation S an overview of the Company. “Presentation” means this document, its contents or any part of i
Slide 31: Disclaimer (2/2)
Disclaimer (2/2) ▪ The presentation includes market share and industry data obtained by the Company from industry statements in this document and the presentation are based upon various assumptions, many publications and surveys and internal surveys. BUA Foods may not have access to the facts and of
Slide 32: Enquiries: customerservice@buafoodsplc.com, info@buafoodsplc.com
Enquiries: customerservice@buafoodsplc.com, info@buafoodsplc.com