FanMilk Ghana has reported US$57.1M revenue in H1 2026

GHANA – FanMilk Ghana has recorded a 25% year-on-year increase to US$57.1 million (GH¢635.5 million) in revenue in the first half of 2026, as the company continues to strengthen its operations and expand across key product categories.

Gross profit surged by 89% to US$28.4 million (GH¢316 million). Net profit also more than tripled, rising by 214% to US$7.35 million (GH¢81.9 million) compared with the same period in 2025.

FanMilk disclosed the figures at its 2026 Facts Behind the Figures stakeholder engagement session, which brought together more than 100 shareholders, analysts, regulators, media representatives and other stakeholders virtually.

The company said the strategy has helped sustain double-digit growth across key categories while improving its route-to-market execution and operational efficiency.

Strong 2025 performance

For the 2025 financial year, revenue increased by 46% to USD $89.8 million (GH¢1 billion). Gross profit rose by 47% to US$32.7 million (GH¢364.5 million), while net profit increased by 38% to US$6.13 million (GH¢68.3 million).

Earnings per share also grew by 38% to GH¢0.59. The company said the results reflected disciplined execution, operational improvements and continued focus on strengthening the fundamentals of the business.

Beyond its financial performance, FanMilk highlighted progress in its sustainability and social impact initiatives. The company said it has recovered more than 11.2 million plastic wrappers and achieved 100% recyclable packaging across its portfolio.

It has also expanded investments in renewable energy through solar installations and advanced its responsible water stewardship initiatives.

FanMilk said it attained both B Corp Certification and Living Wage Certification in 2025, reinforcing its focus on responsible business practices and employee welfare.

Through its Dan’Care programme, the company said all employees continue to receive comprehensive health and income protection support.

The company also highlighted its wastewater treatment operations, noting that wastewater from its factory processes is treated before being released into the Korle River.

According to FanMilk, its 1,100 cubic-metre-per-day treatment plant meets Ghana’s environmental requirements as well as Danone’s global standards.

Growth outlook

Looking ahead, FanMilk said it plans to accelerate growth across all product categories between 2026 and 2030.

The company said its strategy will continue to focus on creating value for consumers, shareholders, employees and communities.

FanMilk, a Danone company, remains one of Ghana’s longstanding manufacturers and distributors of dairy products and beverages.

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