UAC of Nigeria reports US$72.4M revenue in H1 2025 

NIGERIA- UAC of Nigeria Plc has reported a 33 per cent increase in revenue for the first half of 2025, reaching N110.4 billion (US$72.4M).  

The growth was driven by rising consumer demand and consistent performance across its major business segments. 

The company’s gross profit rose by 51 per cent during the period, reflecting improved pricing strategies and tighter cost controls. This resulted in an expansion of gross margins by over 300 basis points, highlighting improved operational efficiency in a gradually recovering macroeconomic climate. 

Despite a 23 per cent decline in profit after tax compared to the same period in 2024, UAC attributed the drop to the absence of a one-off foreign exchange gain of N9.4 billion recorded last year. Excluding this exceptional item, underlying profit before tax grew by 91 per cent, indicating stronger business fundamentals. 

Group Managing Director Fola Aiyesimoju said the company maintained momentum through margin improvements, operational efficiency, and better performance from associate companies. He affirmed UAC’s continued focus on long-term growth and value creation through disciplined execution of its strategy. 

Segment-level results showed a 43 per cent year-on-year increase in the packaged food and beverages segment, propelled by strong demand for snacks and dairy products and wider market distribution. The animal feeds business also posted a 24 per cent revenue rise. 

In the paints segment, revenue increased by 29 per cent, supported by the expansion of the retail footprint, including the opening of 51 new points of presence nationwide. 

However, the Quick Service Restaurants (QSR) division experienced a revenue decline, which the company attributed to the rationalisation of underperforming outlets and the impact of inflation on consumer spending. 

UAC stated that it remains optimistic about the long-term potential of the QSR sector and is working to enhance operations and customer engagement. 

Aiyesimoju also highlighted the strategic acquisition of CHI Limited as a significant move to deepen UAC’s presence in Nigeria’s food and beverage market.  

He noted the synergy between CHI’s portfolio and UAC’s existing brands, which is expected to unlock long-term value through expanded market reach and improved margins. 

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