Brewers were forced to scale down the acquisition of PPE in 2020.
Stocks of brewers in the Nigerian Equity space lost a total of N27.7 billion in today’s trading session.
Brewing companies have found few and fewer opportunities to consolidate and generate quality turnover.
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 material cost.
International Breweries Plc has achieved 100% subscription in its just-concluded Rights Issue.
International Breweries Plc has released its unaudited financial statement for the 3-month period ended December 2019.
International Breweries has ended 2019 with the unenviable record as the worst-performing stock of the year.
International Breweries Plc has announced the resignation its Managing Director, Annabelle Degroot and the Finance Director, Zuber Momoniat.
The Board of Directors of International Breweries has finalised plans to raise capital for the firm through a rights issue.
The Management and the Board of International Breweries Plc have appointed Tolulope Adedeji as a Director.