Camelot Ghana posts strong financial performance in 2025

Camelot Ghana Plc, a security printing and manufacturing company listed on the Ghana Stock Exchange, reported robust financial results for 2025, with revenue climbing 31.5% year-over-year to GH¢36.97 million. This marked a notable recovery from the 2022 figure of GH¢13.41 million and marked four years of consistent growth. During an investor engagement at the Ghana Stock Exchange, titled 'Facts Behind the Figures', the company highlighted the broad-based nature of its expansion, with its Flexo, cheque, and traditional businesses all experiencing revenue increases.

The Flexo segment emerged as the fastest-growing business, recording a staggering 321% growth since 2022 and contributing 34% of total revenue in 2025, up from 23% in 2022. The company clarified that this growth was not due to contraction in its cheque business, which still grew by 140% cumulatively since 2022, but rather the rapid rise of Flexo reduced the cheque segment's revenue share.

Camelot's financial health strengthened, with shareholders' funds rising from negative in 2022 to GH¢6.83 million by 2025. This strength continued into 2026, albeit at a more moderate rate. The company's 2025 performance showed first-half turnover of GH¢21.40 million, up 9% from the previous year, and profit after tax rising by 19% to GH¢2.61 million, with the profit margin reaching 12%, the highest half-year level in the period.

Managing Director John Villars emphasized that the investor meeting aimed to provide the market with a more comprehensive understanding of the company, beyond just financial metrics. He highlighted investments in people, innovation, product development, and sustainability as key drivers of growth. The company aims to enhance sustainability by using Forest Stewardship Council certified and recycled-content paper, low-VOC inks, and implementing an energy audit and supplier certification mapping.

Camelot also plans to expand production capacity, diversify into digital printing, integrate AI solutions, pursue government contracts, and boost employee training and engagement. Established in 1980, Camelot began as a computer paper printing firm but has since grown into a diversified security printing and manufacturing company serving Ghana and the broader West African sub-region.