…. More Headwinds Ahead, Analysts Warn February 18, 2025 By InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian Breweries Plc (NB) has reported another challenging year, posting a full-year 2024 loss per share of N12.07, only a marginal improvement from the N12.80 loss per share recorded in 2023. Contrary to impressive news release issued by […]

February 17, 2025/Cordros Report Nigerian Breweries Plc (NB) published its 2024FY audited results on Friday (14 February), reporting a loss per share of NGN12.07 (vs loss per share of NGN12.80 in 2023FY). The decline in earnings is primarily attributed to sustained cost pressures (+97.5% y/y) and foreign exchange loss (+2.8% […]

February 17, 2025/CSL Research Nigerian Breweries’ FY 2024 audited financial results revealed a strong 80.8% y/y increase in Revenue, crossing a ₦1 trillion mark to reach ₦1,084bn from ₦599.643bn in FY 2023 and surpassing our FY24 forecast of ₦959.5bn by 13%. Likewise, on a q/q basis, the company’s Revenue rose […]