Stakeholders, analysts hail Nigerian Breweries Q1’25 financial report
By Peter Egwuatu Operators and stakeholders in the Nigerian financial services sector have commended the financial performance of Nigerian Breweries, NB Plc in the first quarter 2025, Q1’25, noting that the company has returned to the days of maximising shareholders’ value and also points to stability and growth in the brewery industry. Nigerian Breweries, it […]
NB reaffirms support for media excellence
Nigerian Breweries, NB, Plc has restated its commitment to the promotion of excellence in the practice of journalism in Nigeria, even as it announced opening for entries for the 10th edition of its Golden Pen Awards, where winners will receive a total of N7 million in cash prizes plus other gift items.
Nigerian Breweries Plc: Shrinking volume sales raising concerns
THE Q1’18 results of Nigerian Breweries Plc (NB) shows revenues slipped by 9.1% YoY to N83billion, below analysts’ estimate of N93 billion (-10.8% deviation). Similarly, after tax earnings sunk by 10.9% YoY to N10.2 billion, although this was higher than some analysts’ N9.5 billion (+7.6% deviation) expectation.
Nigerian Breweries: Analysts downgrade stock, as investors’ sentiment rebounds
AS the bulls resurged at the Nigerian Stock Exchange, NSE last week, after the momentary banking sector shake-down in the first two trading days, Nigerian Breweries Plc, NB, may be a key beneficiary ahead of this week’s rally. But this is also coming against a major investment analysts’ downgrade of the stock.
NFF, Nigerian Breweries, sign N2.5bn deal
Nigeria Football Federation and Nigeria Breweries have unveiled a N2.5 billion partnership deal that would see the two organisations work hand-in-hand for the development of football in the country. The signing ceremony took place at the NBL headquarters at Iganmu Lagos on Friday.
NB appoints Borrut Bel as managing director
Nigerian Breweries, NB Plc, has announced the appointment of Mr. Jordi Borrut Bel as its Managing Director/Chief Executive Officer, even as it reorganises its management team. The appointment will take effect on January 22, 2018.
