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
