Earnings Update – NB Q12022

Nigerian Breweries Plc (NB) started 2022 on a strong footing as it recorded a topline growth of 30.37%YoY, bringing revenue to NGN137.77bn (from NGN105.66bn in the corresponding period). The impressive performance was mainly anchored on the sustained domestic demand, increased production volume, and price increases implemented in mid-2021.

Earnings Update – NB Q1_2022

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