Nigerian Breweries Plc - Company Profile
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Nigerian Breweries Plc (Nigerian Breweries), a subsidiary of Heineken NV, brews, distributes, markets and sells alcoholic and non-alcoholic products. The company’s major product portfolio includes lagers, stouts, non-alcohol malt drinks and energy drinks. Nigerian Breweries markets its products under More, Turbo King, 33 Export, Tiger, Star Radler, Legend, Heineken, Maltina, Amstel Malta, Fayrouz, Climax, Goldberg, Life Continental, Williams, Hi-Malt, Goldberg, Ace Bitters, Star Lite and Desperados brands. It operates breweries in Apapa-Lagos, Ibadan, Kudenda, Aba, Ama, Awo-Omamma, Ota, Kakuri and Ijebu regions of Nigeria. The company export its products to the UK, the Netherlands, the US, Canada, some parts of Africa and parts of the Middle East and Asia. Nigerian Breweries is headquartered in Iganmu, Lagos, Nigeria.
Headquarters
Nigeria
Address
Iganmu House, Abebe Village, Road, Iganmu, Lagos
Website
www.nbplc.com
Telephone
234 1 2717400
No of Employees
2,305
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
NB (NIG)
Revenue (2022)
$942.9M
8.9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-906.4%
(2022 vs 2021)
Market Cap*
$283.1M
Net Profit Margin (2022)
XYZ
-841.8%
(2022 vs 2021)
* As of and is in US$
Nigerian Breweries Plc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Non-alcoholic Drinks: | More |
| Ready-to-Drink Beverages | Turbo King |
| Malt Drinks | 33 Export |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Plans/Strategy | In April, the company announced its plans to halt production at two of its nine plants. |
| 2023 | Regulatory Approval | In December, the company secured shareholders' approval for the 80% acquisition of Heineken Beverages (Holding) Limited in Distell Wines and Spirits Nigeria Limited. |
| 2023 | Plans/Strategy | In December, the company announced plans to add a label on its brand's bottles to discourage the consumption of alcohol among pregnant women. |
Competitor Comparison
| Key Parameters | Nigerian Breweries Plc | Carlsberg AS | Guinness Nigeria PLC | International Breweries Plc | Desnoes & Geddes Limited |
|---|---|---|---|---|---|
| Headquarters | Nigeria | Denmark | Nigeria | Nigeria | Jamaica |
| City | Lagos | Copenhagen | Lagos | Lagos | Kingston |
| State/Province | Lagos | - | - | - | - |
| No. of Employees | 2,305 | 31,044 | 791 | 1,552 | 322 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Hans Essaadi | Managing Director; Director; Chief Executive Officer | Executive Board | 2021 | - |
| Sijbe Hiemstra | Chairman - Interim | Executive Board | 2024 | - |
| Uaboi G. Agbebaku | Director - Legal; Secretary; Director | Executive Board | 2008 | - |
| Bernardus A. Wessels Boer | Director; Director - Finance | Executive Board | 2022 | - |
| Sade Morgan | Director - Corporate Affairs | Senior Management | 2018 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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