Food, Beverage & Tobacco Nigerian Community

Executive Summary Dangote Sugar Refinery Plc recorded a challenging financial performance for the nine months ended September 30, 2025, driven by persistent cost pressures, elevated finance expenses, and sector-wide operational headwinds. Despite reporting solid revenue growth, profitability remained significantly constrained by higher input costs, materially increased interest expense linked to debt restructuring, and macroeconomic challenges including currency volatility and heightened sugar import costs.Read more

Executive Summary Champion Breweries Plc (“Champion” or “the Company”) delivered a strong top-line and bottom-line recovery for the nine months ended September 30, 2025, supported by robust production volumes, improved pricing, and operational scale. Revenue surged 53% YoY to ₦21.44 billion , reflecting broad-based growth in beer and malt sales.Read more

Executive Summary Cadbury Nigeria Plc delivered a remarkable turnaround in performance for the nine months ended 30 September 2025 , underscoring the effectiveness of its cost optimization, improved operational efficiency, and stronger consumer demand. The Company reported a profit after tax of ₦9.68 billion , a sharp recovery from the ₦11.86 billion loss recorded in the corresponding period of 2024 — representing a 182% year-on-year rebound.Read more

Executive Summary BUA Foods Plc delivered a strong financial performance for the nine months ended September 30, 2025, supported by solid topline expansion, resilient demand across food categories, and effective pricing strategies. Despite higher operating costs amid inflationary pressures and sustained distribution expense outlays, the Group reported double-digit earnings growth, reflecting continued operational efficiency and scale advantage in Nigeria’s fast-moving consumer goods (FMCG) sector.Read more

Executive Summary Nascon Allied Industries Plc delivered a strong performance for the nine months ended 30 September 2025, sustaining substantial topline growth and improved profitability supported by higher volume demand and improved price-realization. Revenue surged 47% YoY to ₦117.35 billion , reflecting strong market traction for its consumer products, particularly in the salt and seasoning categories.Read more

NESTLÉ NIGERIA PLC Q3 Result – Strong Recovery Sustained as Profit Surges to ₦72.5 Billion, Underscoring Operational Excellence and Strategic Resilience Executive Summary Nestlé Nigeria Plc delivered a remarkable performance for the nine months ended 30 September 2025 , reflecting a solid recovery and sustained profitability following a challenging 2024. The Company recorded a profit after tax (PAT) of ₦72.48 billion , marking a significant turnaround from the ₦184.27 billion loss reported in the same period of 2024.Read more

Executive Summary International Breweries Plc delivered a remarkable turnaround in its financial performance for the nine months ended September 30, 2025, returning to profitability after consecutive loss-making periods. The brewer reported a Profit Before Tax (PBT) of ₦74.2 billion , compared to a loss before tax of ₦154.6 billion in the corresponding period of 2024, marking a dramatic improvement driven by stronger revenue growth, improved operational efficiency, and disciplined cost control.Read more

Nigerian Breweries Plc (“NB” or “the Group”) delivered a strong recovery in earnings for the nine months ended 30 September 2025, posting a Profit After Tax (PAT) of ₦85.5 billion , a dramatic rebound from a ₦149.5 billion loss in the same period of 2024. The turnaround was driven by robust revenue growth (+47% YoY) , improved cost efficiency, and a sharp decline in net finance cost following the successful ₦600 billion Rights Issue completed in 2024 , which strengthened the balance sheet and reduced leverage.Read more

Presco Plc Delivers Explosive Earnings Growth in H1 2025 – A High-Yield, High-Confidence Investment Case Presco Plc’s H1 2025 results reveal a remarkable earnings story driven by record revenue growth, margin expansion, and consistent operational strength. With a 125.8% surge in revenue and a 128.2% boost in net profit, Presco has firmly established itself as a top-tier performer in Nigeria’s agro-industrial sector.Read more