My people! Na wah! E be like say Aradel Holdings don collect plenty dough as dem report their profit wey don rise by 55 per cent, landing for N401.2 billion for unaudited results of 2025. How dem take do am? Na here story begin!
Di company Investor Relations Manager, Ilobekemen Idiake, talk say di massive profit growth come from strong earnings from dem associate companies wey dem gather through swift merger and acquisition deals during di year. You sabi say on 13 March 2025, dem join hand with Renaissance consortium come buy SPDC Limited finish. E be like say wahala no dey end for di story because dem also increase their stake in ND Western from 41.67 per cent to 81.67 per cent. Na serious hustle o!
Idiake clear am say, “Dis year, we report strong full-year numbers. E be like say our M&A efforts and strategic planning really sabi.” You fit imagine say their share of profit from dem associates rise by 523 per cent. Na big number wey make dem dey dance glee!
She explain more say instead of fumble, di two major deals wey dem do really change di game for dem. Na waso, from N31.6 billion in 2023, dem now dey see N197 billion. That wan strong pass hear say! But dem still dey careful because dem no fit add di full income statement for dis year since ND Western deal no finalize till di last day.
On top revenue matter, Aradel no fit hide di joy as dem show growth of 20 per cent for their core operations. But e get one side wey dey pinch dem small – operating profit dey sag by 7 per cent due to wahala wey come from one-off costs. Na wetin? Crude oil over-lift wey dey cause dem N34.7 billion stock-adjusted expense! Chai, Nigeria wahala!
Idiake drop hint say dem go resolve di pending issues wey dey disturb dem from di regulators side. Dem still dey spend more for staff due to long-term incentive plans, but she assure sey na temporary wahala. If dem fit clear dis wahala na, di company go run like well-oiled machine!
Despite di stress wey dey ground, Idiake talk say dem still dey create plenty value, wey lead to dem 55 per cent profit after tax. Na wetin! Di outlook for 2026 too strong as dem go focus on consolidation and asset optimization. Dem dey ready gree scale up dem earning well well.
CEO Adegbite Falade also drop his mind, say Aradel don show say dem fit stand strong even for tough conditions, and dem go dey look for ways to improve efficiency, increase production, and diversify revenue. E good to know say dem dey plan rich for di future!
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