Nigerian Breweries reports N413bn revenue in 3 months, grows profit by 25.57%

Adebayo Obajemu

Nigerian Breweries Plc on Thursday, 23 April 2026 published its First Quarter result for the period ended 31 March 2026. The result show moderate growth in the Company’s revenue and profit after tax, year on year.

The Group reported revenue of N413.016 billion for the 3 months period, up by 7.66% from N383.635 billion revenue reported the previous year.

Profit after tax of N55.945 million was achieved for the 3 period, up by 25.57% from N44.553 billion profit reported in Q1 2025.

Earnings per share of Nigerian Breweries stands at N1.80.

At the share price of N73, the P/E ratio of Nigerian Breweries stands at 40.43x with earnings yield of 2.47%.