A multinational agribusiness and food manufacturing firm, Johnvents Group has opened its operating facilities to institutional investors and capital-market stakeholders, disclosing capacity utilisation of approximately 82 percent across its 48,000 metric tonne combined annual cocoa-processing operations in the first half of 2026, from 66 percent in 2025.
The facility tour, which covered the group’s agricultural commodity aggregation, cocoa processing and downstream food manufacturing operations across its Akure and Ile-Ojuji sites, provided investors with first-hand access to production lines, procurement systems and supply-chain infrastructure ahead of the main agricultural procurement season.
According to figures presented during the tour, Johnvents processed 31,621 metric tonnes of cocoa in 2025, a 50 per cent increase over 2024 volumes, and a further 19,806 metric tonnes in the first half of 2026 alone.
The group’s downstream businesses produce consumer foods, edible oils, animal feed, seasoning and water, with 75 per cent of the group revenue linked to export markets, according to its H1 2026 investor presentation.
The visit also gave investors detailed visibility into the group’s working-capital requirements, a central concern for agricultural processors whose procurement cycles are concentrated within narrow crop windows.
Management used the occasion to address questions on liquidity planning, inventory turnover and the timing of cash collections.
Group Managing Director John Adedamola Alamu described the tour as a transparency exercise, stating that it offered investors direct visibility into the scale the Group has built across the value chain.
Alamu said Johnvents is strengthening the connection between agricultural supply, processing, manufacturing and markets, with a focus on increasing value addition and building globally competitive businesses from Africa.
Samuel Olaifa, Group Head, Treasury, explained that agricultural commodities are procured during defined crop windows before moving through inventory, processing, sales and exports, and ultimately cash collection.
“For Johnvents, cocoa represents a significant component of this seasonal requirement, reflecting both the scale of its processing operations and the concentration of procurement during the cocoa season,” Olaifa
He disclosed that the Group’s cash-conversion cycle reaches 150 days at seasonal peak, with typical customer collections occurring within 25 to 40 days.
Olaifa also addressed the Group’s capital-markets track record, noting that since commencing its Commercial Paper programme in 2022, Johnvents Industries has issued 27 Commercial Paper series, of which 21 have matured and been repaid in full, with all maturities due to date settled on or before their respective due dates.
“Johnvents is rated BBB+(NG) with a stable outlook by GCR and has established institutional relationships with development-finance partners including the International Finance Corporation (IFC) and British International Investment (BII).”
Jai Kumar, Financial Controller, Johnvents Group, reinforced the liquidity narrative, saying the Group’s working-capital requirements are closely linked to the timing and scale of its operating cycle and that its focus is on maintaining the liquidity required to secure supply, support production and meet obligations as they fall due.
The Group further emphasised that it will continue to deepen its agricultural supply-chain participation, processing capacity and downstream manufacturing operations while expanding access to domestic and international markets.
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