Monthly Archives: October 2015

International Breweries reports a 48% profit decline in six months

International Breweries Plc, the Ilesha based brewer acquired by SABMiller in 2012, reported a 48 percent drop in net profit in the six months ended 30th September 2015, to N705 million, from N1.36bn recorded in the same period a year ago. Pretax profit also fell by 50 percent to N1bn, from N2bn in the same period in 2014.

The company saw a slight rise of less than 1-percent in revenue to N10.1bn, from N10bn in the prior year.

Nigerian Breweries officially unveil Strongbow Apple Cider

It was all fun and excitement Thursday night at the Ikeja City Mall, as Nigerian Breweries officially unveiled its newest premium beverage brand, Strongbow apple cider, a ready-to-drink beverage made from apple cider. Strongbow is a product of the United Kingdom but is owned by Heineken NV.

Strongbow would be the first bottled in Nigeria cider drink to hit the Nigerian market. At the launch of the new drink at the car park of Ikeja City Mall, Nigeria Breweries took attendees on an experiential journey on the step-by-step process of making Strongbow.

Nigerian Breweries flags-off annual Don’t Drink and Drive campaign

As the festive period draws nearer, Nigerian Breweries (NB) Plc on Thursday flagged off its annual Don’t Drink and Drive (DDD) campaign in collaboration with Federal Road Safety Corps (FRSC) and other agencies.

NB’s Managing Director Mr. Nicolaas Vervelde on Thursday at a press conference held at the company’s Iganmu Headquarters to herald activities mapped out for the campaign appealed to motorists to stay alive during the coming “Ember months” by adhering strictly to the “responsible consumption” messages of the company.

AB InBev, SABMiller to get deadline extension

beer

AB InBev announced today that it has received a deadline extension from the U.K Takeover regulators until 5pm on November 4 to formalize its merger with SABMiller.

AB InBev said it had carried out a due diligence of its takeover proposal of SABMiller and had been granted another week by the U.K Takeover Panel to make a formal bid.

Guinness Nigeria rewards distributors, supports their business growth

In a bid to set its distributors on the path of sustainable growth, Guinness Nigeria Plc has rewarded best-in-class performance and responsible marketing of its alcoholic beverage brands.

This was the focus of the 2015 National Distributors’ Conference and Awards Night organised by the leading brewer in Lagos. Themed, Partners for growth, the event also provided a platform for Guinness Nigeria to announce new trade incentives and to receive feedback from distributors from across the country.

Nigerian Breweries Plc Introduces First Ever Locally Brewed Apple Cider, Strongbow

It is certainly exciting times in the Nigerian Beverage industry. Strongbow Apple Ciders, the world’s biggest and most popular cider brand is set to enter the Nigerian market this month courtesy Nigeria’s leading brewing company, Nigerian Breweries plc.

Commenting on the product launch, Senior Brand Manager, Strongbow, Ngozi Nkwoji said, “Strongbow is an alcoholic drink that is globally popular and that Nigerians will love, especially those who want to try something new.

Chi Limited wins 2015 Customer Service Award

Chi Limited, makers of Chivita fruit juices, Hollandia milk, Capri-Sonne, among other beverage products has won the 2015 Nigerian Customer Service Award (NCSA) for being the best Customer Service Company in the Beverage sector.

The Nigerian Customer Service Award (NCSA) is a prestigious event that celebrates service excellence in Nigeria, by recognizing companies that deliver effective customer services.

Coca-Cola re-affirms commitment to the well-being of Nigerians

The Coca-Cola Company Nigeria has said that it is committed to the well-being of Nigerians in communities it operates.

Speaking at the end of the Nigerian Institute of Food Science and Technology (NIFST) Conference 2015 held in Owerri, Imo State, the Community Affairs Manager for the Coca-Cola Company, Mr. Emeka Mba, said that the commitment to promote wellbeing includes: “offering a variety of no and low calories beverage products to our consumers in Nigeria, including water, sparkling soft drinks and juices.

Bournvita, Indomie Partner in National Consumer Promo Campaign

One of the most innovative and rewarding brand partnerships in recent times, leading beverage brand, Bournvita, from the stables of renowned beverage maker, Cadbury Nigeria Plc, has partnered foremost noodles brand, Indomie, for the Bournvita Celebration Campaign.

The partnership aligns with Bournvita’s commitment to provide consumers with more value and nutrition.

Champion Breweries posts 9-months pretax profit of 104.66%

Shareholders of Champion Breweries, the Akwa Ibom based brewer have something to smile about as the company’s released unaudited financial results for the 9-months ending 30 September, 2015 show a 104.66 percent rise in pretax profit to N62,590m. In the same period in 2014, the company recorded a N1.344bn loss. Net profit also rose by 103.26 percent to N43,810m for the period under review.

Champion’s revenue for 9-months ending 30 September 2015 rose 3.94 percent to N2.27bn, from N2.18bn in the preceding year.