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NIGERIAN BREWERIES PLC
Nigerian Breweries Plc has posted its financial statement for the first nine months of the year, recording a 159.7% increase in its pre-tax losses compared to the same period last year.
Nigerian Breweries Plc, the foremost brewing company in Nigeria, has recorded a 75% revenue growth for the 9 month period ended 30th September 2024, relative to the corresponding period in 2023.
Nigerian Breweries PLC, in its ongoing financial restructuring, has received a crucial lifeline from its parent company, Heineken, which has suspended interest payments on loans to the Nigerian subsidiary.
Nigerian Breweries Plc has taken a decisive step to address its significant financial challenges through its N600 billion rights issue, recently approved by the Nigerian Exchange Limited (NGX).
Nigeria’s largest brewer by revenue, Nigerian Breweries Plc posted a pre-tax loss of N50.8 billion for the quarter ending June 30, 2023.
Nigerian Breweries Plc (NB) was the best-performing stock in the NGX today, gaining 10%, marking a N29.9 billion equity gain. The stock closed at N31.90 from an opening price of N29.00.
Nigerian Breweries Plc has announced the completion of the acquisition of 80% controlling stake in Distel Wines and Spirit Nigeria Limited as part of efforts to expand its product offerings beyond beer to include wines, spirits and flavoured alcoholic beverages.
Nigerian Breweries Plc have announced another increase in the price of its products after the earlier increase in February.
Nigerian Breweries Plc announced its audited results for the period ended 31st December 2023, revealing a net loss of N106 billion.
Shareholders of Nigerian Breweries Plc have approved the acquisition of an 80% stake in Distell Wines & Spirits Nigeria Limited.
Nigerian Breweries Plc, a leading beverage and brewing company in Nigeria, announced significant changes to its Board of Directors following a board meeting held today.
Nigerian Breweries Plc has announced that it will convene an Extraordinary General Meeting (EGM) of shareholders for 80% acquisition of Distell Wines & Spirits Nigeria Limited.