Alex Gendis is the chief executive officer of Beta Glass, Nigeria’s biggest glass maker. In this exclusive interview with BusinessDay’s Wasiu Alli, Gendis reveals the company’s plans to invest more, especially to rebuild one of the firm’s furnaces to further increase capacity. He sees the company’s maintaining its growth and profitability streak on rising demand.
Beta Glass’ PAT went up almost 600 percent in Q1 2025. What strategies were behind this stellar result and the company’s outlook for the full year?
We are pleased to see Beta Glass accelerating its performance, led through the execution of our business-wide transformation strategy, which commenced in early 2023. We have delivered operational efficiency improvements at our plants in Agbara, Ijebu Ode, and Ughelli, streamlining production and optimising energy usage. Across the business, we have a clear focus on capital discipline and managing our cost base, setting us up well to support our existing customers and explore new offerings.