The risk to these companies is the shrinking market as prices cannot be cut forever; thus, productivity improvements to reduce costs will be the differentiator.
The Nigerian Stock Exchange (NSE) ended Wednesday’s trading session in negative territory. The All-Share Index closed at 27,319.64 basis points, down 0.97%.
In Nigeria, malt drinks account for a segment of the total carbonate volumes consumed in the country.
Heineken NV, has released its 2018 Q3 financial result for the period ended 30th September 2018 with an increased beer sales
Guinness Nigeria Plc has announced the introduction of a new APNADs in new PET bottles into the Nigerian market.