Nigerian Breweries (NB) Plc consolidated its Q4 2020 performance in Q1 2021, signaling a new normal. Having grappled with the impact of the strain in household income and the halt in on-trading activities, Revenue growth was slow, up only 4.3% y/y in FY 2020. As of Q1 2021, however, Revenue grew significantly, up 27.0% y/y t0 N105.68bn. Similarly, and defying the general rise in cost and expense lines, Profit After Tax was up 38.6% y/y to N7.66bn in the period.
Download (325.06 KB)
CSL Stockbrokers Ltd (CSLS) is a fully owned subsidiary of FCMB Group Plc, has over 30 years operating history on the Nigeria Stock Exchange and provides Institutional and corporate brokerage services to investors and select issuers. At the heart of CSLS is a robust research platform which supports local and international investors who are desirous of in-depth coverage of the Nigerian capital markets and the economy as a whole.
Latest Reports