Nigerian Breweries’ revenue up 9% to N804 bn
… restores retained earnings to positive By Peter Egwuatu Nigerian Breweries Plc, Nigeria’s foremost brewing company, has announced a strong performance for the first half of the 2026, recording a group revenue of N804 billion, representing a 9% increase over the N738 billion reported in the corresponding period of 2025.
According to the results released on the Nigerian Exchange Limited, NGX, the breakdown of the unaudited result for the period ended June 30 2026 revealed that the company’s operating profit grew by 8% from N152 billion in 2025 to N164 billion, notwithstanding the increase in Selling, Distribution and Administration Expenses by 20%.
A further improvement in the company’s net finance expenses contributed to an 18% growth in the Profit Before Tax.
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