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Berger Paints Reports 157% Profit Growth in 2025

Berger Paints Reports 157% Profit Growth in 2025

Berger Paint Nigeria Plc announced a remarkable 157% growth in profit for the financial year ending December 31, 2025, reaching ₦1.57 billion, compared to ₦610.8 million in 2024. The company's revenue increased by 20%, from ₦10.8 billion in 2024 to ₦12.9 billion in 2025.

In recognition of its strong financial performance, the company declared a final dividend of ₦1.25 per share, bringing the total dividend for the year to ₦1.65 per share, a 37.5% increase from the previous year. The annual general meeting, held virtually on May 6, 2026, saw shareholders commend the management for its impressive performance and commitment to rewarding shareholders.

Chairman Abi Ayida attributed the company's success to disciplined execution of strategic priorities, operational efficiency, and enhanced supply chain management. Group Managing Director and Chief Executive Officer Alaba Fagun emphasized the importance of maintaining a strong balance sheet and refining the product portfolio to sustain growth.

Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.

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