UAC of Nigeria Plc has recorded a 33 per cent increase in revenue to N110.4 bn in the first half of 2025, driven by consumer demand and sustained growth across its key business segments.
The company’s gross profit rose by 51 per cent during the period, supported by effective pricing strategies and enhanced cost management. This resulted in over 300 basis points of expansion in gross margins, underscoring UAC’s operational efficiency amid a recovering macroeconomic environment.
Despite a reported 23 per cent decline in profit after tax, UAC explained that this was due to the absence of a one-off foreign exchange gain of N9.4bn recorded in the same period last year.
When excluding this non-recurring item, the Group’s underlying profit before tax surged 91 per cent, reflecting robust operational performance.
Segment-wise, the packaged food and beverages business led growth with a 43 per cent increase in revenue, followed by the animal feeds segment, which grew by 24 per cent.
The Paints segment also expanded by 29 per cent, aided by the addition of 51 new retail points nationwide.
The Group’s Quick Service Restaurants segment, however, saw a decline in revenue attributed to rationalisation of underperforming outlets and inflationary pressures on consumer spending.
UAC’s Group Managing Director, Fola Aiyesimoju, expressed optimism about the company’s future, reaffirming its commitment to disciplined execution and long-term value creation for shareholders.
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