April 18, 2025/CSL Research

Financial Highlights:

• Revenue +68.9% y/y to N383.64BN
• Cost of Sales +49.5% y/y to N217.07BN
• OPEX +43.4% y/y to N82.06BN
• EBITDA +168.4% y/y to N101.35BN
• Operating Profit +237.5% y/y to N85.27BN
• Profit before Tax +206.7% y/y to N69.99BN

Stock Rating: UR

To read the full report, click on the link below​​

​Nigerian Breweries Q1 2025 QuickTake.pdf​​​​​​​​​​​​​​​​​

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