International Breweries holds 44th Annual General Meeting, declares NGN 136.8bn revenue
Despite the challenges, net revenue increased by 3.4%, and Gross Profit increased by 20.9% with Gross Margin enhancement of more ...
Tag: International Breweries Plc
Guinness, Int’l Brew, Nigerian Breweries spend N65.5 billion on key acquisitions in 2020
Brewers were forced to scale down the acquisition of PPE in 2020.
Alcoholic beverage makers on NSE lose a total N27.7 billion in a single day
Stocks of brewers in the Nigerian Equity space lost a total of N27.7 billion in today’s trading session.
No trophy for International Breweries after bland Q2 results
Brewing companies have found few and fewer opportunities to consolidate and generate quality turnover.
International Breweries: Cost inefficiences weigh on operating performance as financial leverage improves
The company's cost of sales grew 13.2% y/y to N24.5 billion in Q1 2020, driven by double-digit growth in raw ...
International Breweries Plc raises N165 billion, Rights Issue fully subscribed
International Breweries Plc has achieved 100% subscription in its just-concluded Rights Issue.
International Breweries’ Q4 2019 result shows 5.8% revenue drop, N9.1 billion loss
International Breweries Plc has released its unaudited financial statement for the 3-month period ended December 2019.
International Breweries end 2019 as worst performing stock.
International Breweries has ended 2019 with the unenviable record as the worst-performing stock of the year.
International Breweries announces Leadership changes
International Breweries Plc has announced the resignation its Managing Director, Annabelle Degroot and the Finance Director, Zuber Momoniat.
International Breweries seeks capital raise through rights issue
The Board of Directors of International Breweries has finalised plans to raise capital for the firm through a rights issue.