Eterna Plc has posted a strong financial performance for the full year ended 31 December 2025, with profit before tax rising 52.9% year-on-year to ₦7.27 billion from ₦4.48 billion in 2024.
Revenue for the period reached ₦302.37 billion, according to the company’s audited results. Profit after tax stood at ₦2.92 billion, with earnings per share (EPS) of ₦2.24, reflecting improved shareholder value.
The company’s balance sheet also strengthened during the year, with total assets increasing to ₦92.19 billion, supported by robust inventory levels. Shareholders’ funds rose to ₦7.77 billion, driven by higher retained earnings and greater balance sheet resilience.
In a statement, Eterna attributed the performance to a continued focus on operational efficiency, improved cost management, and strategic positioning across its fuels, lubricants, and gas businesses.
As part of its commitment to shareholder returns, the Board of Directors has proposed a dividend of ₦0.50 per share for the year, pending approval at the upcoming Annual General Meeting.
Managing Director and Chief Executive Officer, Olumide Adeosun, said the company remains focused on operational efficiency and sustainable asset expansion, while reinforcing its market position across its core business segments.
“Eterna Plc remains committed to building on this performance through retail expansion, increased product offerings, operational improvements, and customer-focused initiatives aimed at enhancing value for our shareholders,” the statement added.
The results underscore Eterna’s resilience and strategic execution in a competitive energy market, setting a solid foundation for continued growth in the year ahead.
