[INFOGRAPHICS] H1’20 Top and Bottom Line of Cement Companies in Nigeria

Nigerian cement companies recorded aggregate growth in their revenues and net income for the half year ended Jun’2020. From our analysis, we highlight that cement volumes actually declined for the companies during the period compared to H1’19 and this is as a result of the social distancing lockdown measures (particularly in April) initiated to combat […]

[INFOGRAPHICS] 7-Year Comparison of Revenue of Brewers in Nigeria

Both Nigerian Breweries and International Breweries have had their revenue grown over the years while there have been fluctuations in the revenue of Guinness during the same period under review. That said, Nigerian Breweries still remains the market leader in the Nigerian brewing industry.

[INFOGRAPHICS] 7-Year Comparison of Profits of Brewers in Nigeria

Nigerian Breweries is the most profitable brewing company in Nigeria with Profit for the year 2019 printing at N16.11 billion. For international breweries, it has had its share of loss since the last 2 years while Guinness loss in the 7 years period came during the 2016 economic recession.

[INFOGRAPHICS] 7-Year Comparison of Operating Profits of Brewers in Nigeria

The brewing companies in Nigeria have had their operating profits decline over the years and Nigerian Breweries still appears to be the most efficient of the three major brewers in the country with EBITDA at the end of 2019 standing at 20.72%.

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