Beta Glass Plc.NSENG: BETAGLAS

Beta Glass plc - press release on fy 2025 audited financial statements

· Issued by Beta Glass Plc.


Beta Glass Plc Reports Revenue of ₦149.1 Billion in Audited Results for the Year Ended December 31, 2025 Lagos, Nigeria, 31 March 2026 - Beta Glass Plc ("the Company"), the leading glass container manufacturer in West and Central Africa, is pleased to announce that its Board of Directors has approved the Company's Audited Financial Statements (AFS) for the financial year ended December 31, 2025, reporting solid revenue growth and reaffirming the Company's commitment to its core pillars of operational excellence, innovation, and sustainable business practices. Key Highlights:

N'000

Year ended December 2025

Year ended December 2024

+/-%

Revenue from contracts with customers

149,122,525

117,580,184

+27%

Gross profit

52,663,718

30,757,712

+71%

Operating Profit

48,092,894

23,555,671

+104%

Profit Before Taxation

50,541,595

19,903,373

+154%

Profit for the Year

33,245,317

13,626,830

+144%

Revenue: For the 2025 financial year, Beta Glass recorded revenue of ₦149.12 billion, compared with ₦117.58 billion in 2024, representing a 27% year-on-year increase. This growth reflects continued demand for the Company's glass packaging products across key sectors of the Nigerian economy. Margins: In 2025, the Company's Gross Margin improved from 26.3% in 2024 to 35.3% while Operating Margin improved from 20.0% to 32.3%. This significant improvement in margins reflects improved operating efficiency and effective cost management. Profit After Tax (PAT): The Company reported Profit After Tax of ₦33.25 billion, representing a 144% year-on-year increase from ₦13.63 billion recorded in 2024, demonstrating the resilience of its operations despite evolving global and regional market conditions. Earnings Per Share (EPS): Earnings per share for the year stood at ₦55.41, representing a 144% year-on-year increase from ₦22.71 in 2024.

"This year's results reflect the resilience of our business model and the successful execution of our strategic initiatives. Despite market challenges, our commitment to delivering value to our shareholders was and remains strong. Our performance was underpinned by improved production efficiency, effective cost management, and a clear focus on our key customers and segments. At the same time, we continued to invest significantly in our asset base, with the rebuild of our furnace in Delta, positioning the business for sustainable long-term growth." said Alex Gendis, Chief Executive Officer of Beta Glass Plc.

The Board noted that the Company continues to monitor global developments, including geopolitical tensions and their potential impact on energy costs and supply chains, while maintaining confidence in the Company's operational resilience and long-term growth strategy.

The full Audited Financial Statements are available on the website https://www.betaglass.com/ and the Nigerian Exchange Group https://ngxgroup.com/.

-END- About Beta Glass Plc

Beta Glass Plc is a leading manufacturer of quality glass packaging solutions for the beverage, pharmaceutical, and food industries in West and Central Africa. The company is committed to innovation, sustainability, and delivering high-performance packaging solutions that support product integrity while promoting environmental responsibility.

Media Contact: betaglassplc@minc.ngM.Inc Public Relations

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