Nigerian Breweries Records 48% Revenue Growth, Reaches N1.04 Trillion in 9 Months
Nigerian Breweries Plc has announced a significant 48% revenue growth to N1.04 trillion in the first 9 months of 2025 compared to N703 billion in the same period in 2024. The company's unaudited results released on the Nigerian Exchange (NGX) portal revealed a rise in costs of sales and market distribution expenses.
Despite challenges like high inflation rates and input costs, the company's operational profit improved significantly, leading to a 157% increase in net profit. The board anticipates a positive full-year result and expresses confidence in the company's ability to navigate challenges and maintain a path towards recovery.
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