International Breweries Plc has announced a significant return to profitability, posting a pre-tax profit of N88.9 billion in its audited 2025 financial results. This figure, filed with the Nigerian Exchange, slightly exceeds the earlier unaudited report of N85.1 billion and represents a dramatic reversal from the prior year’s pre-tax loss of N111.8 billion.
The robust turnaround was primarily fueled by a substantial increase in revenue and a significant reduction in foreign exchange losses. Full-year revenue grew to N619.04 billion from N488.9 billion in the previous period, with all sales generated from its brewed products within the Nigerian market. This performance translated to a positive earnings per share of N0.30, a stark improvement from the loss per share of N1.16 recorded a year earlier.
A detailed breakdown shows that distributor contracts for brewed products contributed N615.2 billion, accounting for approximately 99% of total revenue. However, the company faced rising operating costs, with administrative expenses increasing to N44.02 billion and marketing and distribution costs climbing to N80.7 billion. Notably, other losses plummeted to N2.8 billion from N136.1 billion, largely due to eased foreign exchange pressures, while other income stood at N973.4 million.
On the balance sheet, total assets saw a marginal increase to N739.7 billion, while total liabilities decreased to N239.9 billion. Retained losses improved to N191.03 billion from N241.9 billion, boosting total equity to N499.8 billion. As the company continues to strengthen its financial position, no dividend was declared for the period.
The market response was positive, with the company’s shares rising over 9% in mid-trading on April 10, 2026, as investors digested the results. This financial recovery story emerges amidst broader economic discussions, such as when analysts suggest inflation will reduce further in 2026, says some reports, which may impact consumer goods sectors. While International Breweries charts its course, other business narratives unfold, from the Habaripay profit soars announcement to the concerns raised by Anambra manufacturers seek regarding the operating environment, and community responses like Okpebholo condoles Thisday on recent events.
