Research and Analytics
Research and Analytics
The COVID-19 pandemic has pushed debt levels to new heights. Compared to end-2019, average 2021 debt ratios are projected to rise by 20 percent of GDP in advanced economies, 10 percent of GDP in emerging market economies, and about 7 percent in low-income countries.
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.
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.
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%.
By: Gifted Hands Research Team / Image Credit: thewillnigeria Corruption Perception Index is an index which ranks countries based on the perceived levels of corruption in their public sector. It is based on a score between 0 and 100 inclusive. The higher the score, the lower the level of corruption and the lower the […]
![[INFOGRAPHICS] 7-Year Comparison of Revenue of Brewers in Nigeria](https://giftedanalysts.com/wp-content/uploads/2020/07/China-growth-07-1-scaled.jpg)
![[INFOGRAPHICS] 7-Year Comparison of Profits of Brewers in Nigeria](https://giftedanalysts.com/wp-content/uploads/2020/07/China-growth-06-1-scaled.jpg)
![[INFOGRAPHICS] 7-Year Comparison of Operating Profits of Brewers in Nigeria](https://giftedanalysts.com/wp-content/uploads/2020/07/China-growth-05-scaled.jpg)