Vitafoam Nigeria Plc has reported a revenue earlier than tax progress of 1,751 per cent in its unaudited monetary outcomes for the 12 months ended September 30, 2025.
The unaudited outcomes filed with the Nigerian Change Restricted (NGX) confirmed that Vitafoam’s revenue earlier than tax rose sharply by 1,751 per cent to N21.2 billion as at September 30, 2025, from N1.1 billion in September 2024, whereas revenue after tax grew by a formidable 1,407 per cent to N14.3 billion from N952 million within the earlier 12 months.
Earnings per share additionally recorded a big enchancment, climbing from 29 kobo to 1,067 kobo in the course of the assessment interval. Different key efficiency indicators mirrored comparable upward traits, underscoring the Firm’s resilient enterprise mannequin and strategic focus.
Talking on the efficiency, the group managing director/chief government officer, Vitafoam Nigeria, Taiwo Adeniyi stated, “This efficiency demonstrates our unwavering dedication to operational excellence, price effectivity, and sustainable worth creation for shareholders.”
He added that, “we’re delighted with our sturdy efficiency this 12 months, notably the numerous progress in working revenue and the marked enchancment in price effectivity. These outcomes reaffirm the success of our strategic initiatives centred on monetary self-discipline, model power, and long-term worth creation. Our continued investments in operational effectivity, product innovation, and sustainable vitality options place Vitafoam for sustained progress within the coming 12 months.”
Market analysts counseled Vitafoam’s sturdy exhibiting, highlighting its consistency in profitability, innovation, and prudent capital administration.
They said that, “with improved vitality reliability, a stabilising trade atmosphere, and steady funding in operational capabilities, Vitafoam is well-positioned for continued progress and market management in 2026.”
