October 25, 2018/InvestmentOne Update
Nigerian Breweries Plc. released its Q3 2018 results today. Please see the key highlights below.
Nigerian Breweries Plc (NGN’billion) | ||||
Highlights from Statement of Comprehensive Income | 9M 2017 | 9M 2018 | % Change y/y | |
Revenue | 254.67 | 238.07 | -6.52% | |
Gross Profit Margin
| 42.0%
| 39.8%
| -217.6bps
| |
Profit/(Loss) Before Tax | 34.43 | 22.47 | -34.74% | |
Profit/(Loss) After Tax | 24.01 | 14.79 | -38.40% | |
EPS (N/Per Share) | 3.00 | 1.85 | -38.33% | |
Highlights from Statement of Financial Position | 9M 2017 | 9M 2018 | % Change y/y | |
Cash | 14.99 | 9.41 | -37.22% | |
Total Assets | 385.45 | 361.16 | -6.30% | |
Total Liabilities | 207.13 | 193.12 | -6.76% | |
Total Equity | 178.32 | 168.04 | -5.76% | |
Standalone Q3 2018 Performance | ||||
Highlights from Statement of Comprehensive Income | Q3 2017 | Q3 2018 | % Change y/y | |
Revenue | 73.68 | 65.41 | -11.22% | |
Profit/(Loss) Before Tax | 0.35 | -5.09 | -1554.29% | |
Profit/(Loss) After Tax | 0.25 | -3.66 | -1564.00% | |
Share Performance | 1M | 6M | 12M | YTD |
Absolute Performance | -2.11% | -29.52% | -45.28% | -34.69% |
Relative Performance | -1.96% | -8.94% | -33.98% | -19.42% |
Proposed dividend (N/Per Share): 0.60
Closure date: 23rd November, 2018.
Qualification date: 22nd November, 2018.
Payment date: 10th December, 2018.
Please click to download a copy of the financial statements
