Eterna Plc has submitted its earnings and cashflow forecast for the first quarter of 2026, showing expectations of a profit after tax of ₦485.10 million for the period ending March 31, 2026.
The figures, approved by the company’s Chief Financial Officer and prepared by its Financial Reporting Analyst, provide a forward outlook on revenue performance, margins, and liquidity position for the quarter.
According to the filing, revenue is projected at ₦60.85 billion, while cost of sales is expected to reach ₦57.14 billion, resulting in a gross profit of ₦3.71 billion.
Marketing, distribution, and administrative expenses are forecast at ₦2.43 billion, reflecting Eterna’s ongoing cost-management initiatives across its operations.
The company anticipates other income of ₦36.00 million and interest income of ₦595.82 million, while interest payable and similar charges are projected at ₦724.04 million for the quarter.
After finance costs, Eterna expects to close the period with profit before tax of ₦238.93 million. A projected taxation charge of ₦238.93 million brings forecast profit after tax to ₦485.10 million.
Cashflow Position Strengthens
Eterna Plc expects solid liquidity performance in the first quarter of 2026. The company forecasts:
-
₦2.56 billion operating cash generated before working capital changes,
-
₦10.81 billion net cash generated from operating activities,
-
₦1.35 billion cash outflow from investing activities, and
-
₦8.29 billion cash outflow from financing activities.
These movements are projected to result in a net increase of ₦1.18 billion in cash and cash equivalents for the period. Eterna anticipates opening the quarter with ₦1.64 billion in cash and closing with ₦2.81 billion by the end of March 2026.
Outlook
The forecast demonstrates Eterna Plc’s confidence in maintaining stable earnings and strong operating cashflow despite margin pressures and rising operational costs. The company’s liquidity projections also indicate a healthy cash position heading into the remainder of the year.
Eterna Plc is expected to release its unaudited financial results for Q1 2026 upon completion of the reporting period.
