Beta Glass Delivers Double-Digit Revenue and Operating Profit Growth in Q3 2026 Unaudited Results
Beta Glass Plc (“Beta Glass” or “the Company”), the leading glass container manufacturer in West and Central Africa, announces its financial performance for the third quarter and nine months ended 30 September 2026, as presented in its Unaudited Interim Financial Statements.Beta Glass delivered a strong Q3 in 2026, recording double-digit growth in revenue, gross profit, […] The post Beta Glass…
Beta Glass Plc reported strong financial results for the third quarter and nine months ended 30 September 2026 in its unaudited interim financial statements. The company experienced double-digit growth in revenue, gross profit, and operating profit compared to the same period in 2025. EBITDA also increased, reaching 40.8% in Q3 2026 and 39.5% in 9M 2026, driven by healthy demand from key customers, improved manufacturing efficiencies, and disciplined cost management.
Revenue increased by 11.7% year-over-year in Q3 2026, reaching ₦120.08 billion, a 5% increase from 9M 2025. Gross profit margins improved to 37.6% in Q3 2026 from 34.6% in Q3 2025, despite margin pressures from the US/Iran war. Profit After Tax (PAT) grew modestly by 2.9% year-on-year, amounting to ₦8.77 billion in Q3 2026 and ₦8.52 billion in Q3 2025.
CEO Alex Gendis attributed the revenue growth to strong commercial performance, a double-digit increase in sales volume, and healthy demand from key customers in various segments. The company remains focused on managing macro and operating pressures while maintaining operational excellence and delivering high-quality glass packaging solutions.
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