Food, Beverage & Tobacco Nigerian Community

Nigerian Breweries Plc (“NB” or “the Group”) delivered a strong recovery in earnings for the nine months ended 30 September 2025, posting a Profit After Tax (PAT) of ₦85.5 billion , a dramatic rebound from a ₦149.5 billion loss in the same period of 2024. The turnaround was driven by robust revenue growth (+47% YoY) , improved cost efficiency, and a sharp decline in net finance cost following the successful ₦600 billion Rights Issue completed in 2024 , which strengthened the balance sheet and reduced leverage.Read more

Presco Plc Delivers Explosive Earnings Growth in H1 2025 – A High-Yield, High-Confidence Investment Case Presco Plc’s H1 2025 results reveal a remarkable earnings story driven by record revenue growth, margin expansion, and consistent operational strength. With a 125.8% surge in revenue and a 128.2% boost in net profit, Presco has firmly established itself as a top-tier performer in Nigeria’s agro-industrial sector.Read more

Okomu Oil Palm Company Plc delivered another robust performance in 9M 2025 , reflecting continued price strength in the palm oil market, increased output, and operational efficiency gains. The Group recorded a profit before tax (PBT) of ₦84.1 billion , up 106.7% year-on-year (YoY) from ₦40.7 billion in 9M 2024.Read more

UAC of Nigeria Plc Delivers Strong Q2 2025 Performance, Driven by Operational Efficiency and Segment Growth UAC of Nigeria Plc has delivered a standout performance in Q2 2025, underscoring its resilience and operational depth amid gradually improving macroeconomic conditions. With revenue growth of 27.4% year-on-year and EBIT up 77%, the company is demonstrating robust execution across all major segments—Paints, Packaged Food and Beverages, Edibles and Feed, and Quick Service Restaurants.Read more

Key Highlights: EGM Set for July 25 : Seeking approval for public/private equity issuance and conversion of related-party loans to ordinary shares. Debt-to-Equity Strategy : Board proposes converting director/shareholder and CBN program loans to equity—aimed at deleveraging and strengthening the balance sheet.Read more

Nascon delivered a 35.4% YoY surge in Q2 2025 revenue to ₦36.3bn, with H1 revenue jumping 55% YoY to ₦78.16bn. This growth reflects strong demand recovery, potential price adjustments, and improved market penetration.Read more

Nestlé Nigeria Plc has staged a remarkable recovery in H1 2025, reversing the prior year’s losses with impressive revenue and profit growth. A combination of robust top-line performance, margin expansion, and efficient cost control drove a swing from a ₦252.5 billion pre-tax loss in H1 2024 to an ₦88.4 billion profit in H1 2025.Read more

Financial Highlights (H1 2025 vs H1 2024) Metric H1 2025 (₦’000) H1 2024 (₦’000) YoY Change Revenue 340,990,220 223,198,927 +52.7% Cost of Sales (219,412,477) (160,586,622) +36.6% Gross Profit 121,577,744 62,612,305 +94.1% Operating Expenses (59,269,904) (48,176,380) +23.0% Other Expense (6,208,822) (134,006,036) Significant Drop Profit Before Tax 61,527,171 (150,234,757) Turnaround Income Tax (20,239,432) 43,451,650 Reversal Net Profit 41,287,739 (106,783,107) Turnaround EPS (₦) 0.25 (3.98) Positive ✅ Balance Sheet Snapshot (as of June 2025 vs Dec 2024) Metric June 2025 (₦’000) Dec 2024 (₦’000) Change Total Assets 706,648,025 727,872,297 -2.9% Total Liabilities 216,446,210 278,958,220 -22.4% Equity 490,201,815 448,914,077 +9.2% Cash & Cash Equivalents 86,636,062 109,038,307 -20.5% Retained Losses (200,658,683) (241,946,422) Improved ✅ Key Observations 1. Strong Revenue Growth Revenue surged 53% YoY , reflecting higher beer demand and possible pricing adjustments.Read more

Cadbury Nigeria Plc has delivered a compelling turnaround in its H1 2025 performance, shifting from a loss position in 2024 to significant profitability, supported by sharp revenue growth, improved cost efficiency, and stronger operating leverage. While the earnings rebound is impressive, balance sheet concerns, especially around borrowings and cash erosion, suggest a need for cautious optimism.Read more