Nigerian Breweries Plc has announced a remarkable performance in its third-quarter unaudited financial results for 2025, declaring a Profit After Tax (PAT) of ₦44.55 billion.
According to the unaudited financial statement posted on the NGX’s website, its revenue grew by 68.91% from N227.12bn to N383.64bn, reflecting the company’s resilience and strategic initiatives in a competitive market.
This announcement not only highlights the company’s financial strength but also underscores its commitment to delivering value to shareholders and stakeholders alike.
Key Highlights in Q3 2025 Results
Revenue grew by 68.91% from N227.12bn to N383.64bn
Profit before tax stood at N69.99bn
Profit after tax stood at N44.55bn
Share Price Currently Stands at N36.2
Building on the strong momentum from the last quarter of 2024, the Group recorded a 69% year-on-year revenue growth in the first quarter (Q1) of 2025.
This performance was driven by deeper market penetration, sustained innovation, strong commercial execution, and improved customer engagement.
Strategic pricing initiatives and enhanced supply chain efficiencies further contributed to the topline expansion.
Despite Nigeria’s volatile macroeconomic environment marked by high inflation and constrained disposable income, the Company delivered a strong performance in the quarter, driven by a continued focus on agility, innovation, and disciplined execution.
Notably, the group operating profit rose by 238%, underscoring the Company’s relentless focus on cost discipline and productivity enhancement.
The significant improvement in the operating profit reflects both volume and value growth and the benefits from the business recovery and process optimisation initiatives undertaken in 2024.
The Group also recorded a 186% increase in net profit, sustaining the return to profitability that started in the last quarter of 2024, and reflecting the full impact of financial restructuring and cost-saving initiatives implemented as part of its business recovery plan.
Importantly, net finance expenses dropped by 83%, a direct result of the prudent utilisation of proceeds from the 2024 Rights Issue, which were used to reduce foreign currency liabilities and optimise the Company’s capital structure.
This substantial reduction in finance costs has materially strengthened the bottom line and enhanced financial resilience.
Transformation Strategy Driving Results
The strategic initiatives introduced in 2024, including portfolio optimisation, rightsizing operations, and disciplined working capital management, continue to yield strong results.
The Company is firmly on track in executing its turnaround plan, which includes restoring long-term profitability and building a solid foundation for sustainable growth.
The Board expresses appreciation to shareholders for their unwavering support, particularly on the Rights Issue, which was subscribed to by 92%.
Their commitment has been instrumental in repositioning the Company for long-term success and growth.
