Nigerian Breweries Records N738.14bn Revenue

Nigerian Breweries Plc declared income of N738.144 billion for the primary half-year (H1) monetary interval ended June 30, 2025.

In keeping with the provisional outcome, income moved from N479.767 billion in H1 2024 to N 738.144 billion in H1 2025.

The price of gross sales rose from N319.19 billion in 2024 to N423.57 billion within the interval beneath evaluate in 2025, whereas gross revenue rose by 94.76 per cent to N310.999 billion in comparison with N159.684 billion in H1 2024.
Web revenue for the half 12 months 2025 stood at N88.06 billion, marking a 204 per cent turnaround from a lack of N84.32 billion posted through the corresponding interval of 2024.

Chatting with the outcomes, Thibaut Boidin, managing director of Nigerian Breweries, revealed that the corporate’s spectacular efficiency displays its robust fundamentals and agility in navigating a difficult enterprise panorama, which has been characterised by excessive inflation and constrained disposable earnings.
He famous that the efficiency within the first half of the 12 months was pushed primarily by sustained innovation, robust industrial execution, optimisation of proper pricing methods amidst rising enter prices, enchancment in value administration, and enhanced operational efficiencies.

“The Firm additionally benefited from the prudent utilisation of the proceeds of the Rights Difficulty as the web financing prices went down considerably by 87 per cent. This deleveraging transfer has additionally strengthened the Firm’s steadiness sheet, reducing the publicity to financing prices in a high-interest price atmosphere,” he mentioned.

Boidin said additional that the elimination of overseas currency-denominated money owed and the naira’s stability have resulted in a internet overseas change achieve through the interval, in comparison with a loss reported within the earlier interval.

Additionally, the corporate secretary and authorized director of Nigerian Breweries, Uaboi Agbebaku, reiterated the Board’s dedication to driving long-term worth by means of a concentrate on value optimisation, market execution, and strengthening model fairness throughout the portfolio.

“The complete possession and integration of the operations of Distell Wines and Spirits Nigeria Restricted will additional strengthen the platform for long-term worth creation for our Shareholders,” Agbebaku added.