Champion Breweries Plc has reported a strong financial performance for the 2025 fiscal year, posting a 119 per cent increase in profit after tax as the company accelerates its expansion strategy.
The brewer recorded a net profit of ₦1.79 billion, reflecting significant growth compared to the previous year, according to its board chairman, Imo-Abasi Jacob.
Speaking at the company’s 50th Annual General Meeting in Lagos, Jacob described the period as a turning point, marking the company’s transition from recovery to sustained growth.
He noted that improved profitability, operational discipline, and strategic capital initiatives played a key role in driving performance.
Revenue rose by 43 per cent to ₦29.80 billion in 2025, underpinned by the company’s margin-focused growth strategy.
Champion Breweries also sustained its momentum into 2026, reporting a 69 per cent year-on-year increase in revenue to ₦14.36 billion in the first quarter.
Operating profit climbed to ₦3.02 billion during the period, supported by cost efficiency measures and enhanced operational performance.
Despite softer consumer demand and reduced domestic sales volumes, the company maintained a strong gross profit margin of 48 per cent, while first-quarter profit after tax stood at ₦881 million.
The chairman highlighted the success of the company’s Rights Issue, which strengthened its capital base and increased shareholder participation.
He said the capital market exercise also reinforced investor confidence in the company’s long-term growth strategy.
Jacob expressed optimism about the company’s outlook, noting that it is now better positioned to navigate economic challenges and seize emerging opportunities.
He added that Champion Breweries has built a more resilient operational structure, supported by a clearer strategic direction and improved financial stability.
Shareholders at the AGM approved a dividend of seven kobo per share for the 2025 financial year, reflecting improved earnings performance.
The company also updated investors on its expansion plans, including acquiring a controlling stake in the Bullet brand portfolio as part of efforts to diversify revenue streams and tap into higher-growth beverage segments.
