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Tag: International Breweries

Business

International Breweries posts ₦40.31bn pre-tax profit in Q1

International Breweries Plc reported a pre-tax profit of N40.31 billion in its Q1 2026 results, representing a 15 per cent increase from N35.07 billion recorded in the corresponding period of 2025, driven largely by improved cost efficiency and stronger gross margins. This is according to its Q1 2026 financial results filed with the Nigerian Exchange […]

Business

International Breweries posts record ₦88.9bn pre-tax profit for 2025

International Breweries Plc has reported a pre-tax profit of N88.9 billion in its 2025 audited financial statements published on the Nigerian Exchange, slightly above the unaudited figure of N85.1 billion. The result marks a strong turnaround from a loss of N111.8 billion in the prior year, driven largely by stronger revenue performance and reduced foreign […]

Business

International Breweries records N111.8b loss amid forex woes

International Breweries Plc reported a pre-tax loss of ₦111.8 billion for the year ended 31 December 2024, representing a 14.96% increase from the ₦97.2 billion loss in 2023. This was driven by rising sales costs, expenses, and a significant net foreign exchange loss. The company experienced impressive revenue growth, rising from N139.9 billion to N260.5 […]

News

International Breweries PLC appoints Temitope Oguntokun as executive director

The International Breweries PLC has announced the appointment of Mrs. Temitope Oguntokun as the new Executive Director of the company. This was disclosed in a notice signed by the Company Secretary / Legal Counsel Dr.(Mrs.) Marian Reginald-Ukwuoma, to the Nigerian Exchange Limited, its Shareholders, and the General Public. According to the statement, It is stated […]

International breweries raise campaign for ‘responsible drinking’
News

International breweries raise campaign for ‘responsible drinking’

Melvin Onwubuke   International Breweries Plc, as it announced the conclusion of its yearlong Responsible Beverage Services campaign in Port Harcourt, Rivers State, has emphasized the need to drink responsibly. RBS, an initiative of AB InBev Foundation focused on discouraging harmful use of alcohol as well as alleviating alcohol-related harms such as drunk driving, underage […]

International Breweries awards N60m grant to young entrepreneurs
Business

International Breweries awards N60m grant to young entrepreneurs

International Breweries Plc has awarded a N60 million grant to 50 prospective young entrepreneurs through its subsidiary, International Breweries Foundation. According to The Punch, this was revealed during the recently held 8th Kickstart Awards Ceremony in Lagos, which had as its topic “From Ideas to Impact: Nurturing Young Entrepreneurs for Economic Growth.” Twenty-six women and twenty-four […]

Nigerian Breweries report N106bn loss
News

International Breweries warns Nigerians against irresponsible alcohol consumption

Participants in the Smart Drinking Roundtable Session of the 2023 International Breweries advised Nigerians to adopt appropriate drinking practices. The Punch reported that the event, which was recently held in Port Harcourt, had as its theme “Exploring Strategies to Promote Responsible Drinking Habits and Reduce the Negative Impact of Excessive Alcohol Consumption,” according to a statement […]

Nigerian Breweries report N106bn loss
Appointments

International Breweries names Cherian Kurien non-executive director 

The election of Mr. Cherian Kurien as a non-executive director to the board has been made public by International Breweries Plc. According to Nairametrics, the company informed the Nigerian Exchange Limited and its shareholders of this in its notice. The firm noted that Ms. Tolulope Adedeji had resigned from the board of International Breweries Nigeria PLC […]

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