NASCON FY 2025 – Strong Financial Performance underpinned by Stable Macroeconomic Environment

Highlights

• Declared a total dividend of ₦6, a 200% year-on-year increase from ₦2 in FY 2024.
• Revenue grew by 27% from ₦120.39 billion to ₦152.69 billion.
• Profit after tax increased from ₦15.58 billion to ₦33.53 billion, an 115% year-over-year increase.
• Net Assets grew by ₦28.12 billion to close at ₦71.18 billion.
• Total assets jumped by 72% to ₦135.27 billion (FY 2024: ₦78.50 billion)

Outlook

Looking ahead, NASCON Allied Industries Plc appears well-positioned to sustain its growth trajectory, supported by resilient demand for its core salt and seasoning products, improved production stability, and ongoing investments aimed at strengthening operational efficiency. The Group’s FY 2025 performance reflects a business that has not only expanded revenue but also improved profitability through a better cost structure and more disciplined execution. As such, we expect revenue growth to remain positive in the near term, particularly as the Group continues to deepen market penetration and optimise its distribution footprint.

Overall, NASCON Allied Industries Plc enters the next financial period from a stronger operational and financial position, underpinned by revenue growth, margin expansion, stronger cash generation, and strategic investment in efficiency-enhancing assets. The Group’s FY 2025 performance suggests that it is better positioned to deliver sustainable earnings growth and reinforce shareholder value in the periods ahead.

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