VFD Group Plc H1 2026 Interim Dividend and Profit Results

VFD Group Plc notified the Nigerian Exchange Limited on July 31, 2026, of resolutions passed at an emergency meeting of its Board of Directors held the previous day. At that meeting, the Board reviewed and approved the Unaudited Consolidated and Separate Financial Statements for the six months ended June 30, 2026.

On a consolidated basis, the Group recorded a Profit After Tax of ₦10.06 billion for H1 2026, representing a 100.8% increase compared to the same period in 2025. At the company level, Profit After Tax stood at ₦5.03 billion, reflecting a 328% year-on-year increase.

Following its review of the earnings performance, the Board approved an interim dividend of 24 kobo (₦0.24) per ordinary share. The total estimated dividend payout from this interim declaration amounts to approximately ₦3.04 billion. No further details on a payment date or qualification date were included in this filing.

The filing was signed by Gbeminiyi Shoda, Company Secretary, and the Board includes Chairman Olatunde Busari (SAN) and Group Managing Director Nonso Okpala, alongside executive and non-executive directors.