Eterna grows 2025 profit by 53%

Eterna Plc has announced its audited financial results for the full year ended December 31, 2025, reporting profit growth and an improved balance sheet.

The company recorded revenue of N302.37bn for the year, while profit before tax rose to N7.27bn, representing a 52.9 per cent year-on-year increase from N4.48bn in 2024. Profit after tax stood at N2.92bn, with earnings per share of N2.24.

The company’s financial position strengthened during the year, with total assets rising to N92.19bn, driven by inventory, while shareholders’ funds increased to N7.77bn, reflecting retained earnings and balance sheet strength.

The performance reflects the company’s focus on operational efficiency, cost management, and positioning across its fuels, lubricants, and gas businesses.

In line with its commitment to delivering value to shareholders, the Board of Directors has proposed a dividend of N0.50 per share for the financial year ended December 31, 2025, subject to shareholders’ approval at the upcoming Annual General Meeting.

Commenting on the results, the Managing Director/Chief Executive Officer, Mr Olumide Adeosun, stated that the company remains focused on operational efficiency and asset expansion, while strengthening its market position across its fuels, lubricants, and gas businesses.

Eterna Plc said it remains committed to building on this performance through retail expansion, increased product offerings, operational improvements, and customer-focused initiatives aimed at enhancing value for shareholders.

The full audited financial statements for the period ended December 31, 2025, are available on the company’s website.