Nigerian Breweries PlcNSENG: NB

Nigerian Breweries outlines supply, currency and pricing strategies as profits rebound

· Issued by Nigerian Breweries Plc

Nigerian Breweries Plc (NGX:NB) is managing supply risks, currency volatility and rising inflation to sustain growth and shield consumers from price shocks, the company has announced.

In a release to the NGX, the brewer outlined measures to preserve production stability and keep products affordable amid persistent inflationary pressure in Nigeria.

Speaking at the company’s 80th pre-annual general meeting media briefing in Lagos, Finance Director Maria Karaseva identified three key external risks shaping the firm’s outlook: supply chain disruptions linked to geopolitical tensions, naira instability and food-driven inflation.

Karaseva said the Middle East crisis could affect global supply chains but added that the company remains relatively insulated due to its backing by Heineken Group, its majority investor. She said the relationship provides access to established sourcing networks and enables Nigerian Breweries to monitor supply continuity. 

“We see no big issues coming out of Nigeria from what is going on,” she said.

On exchange rate volatility, Karaseva said recent naira stability has helped mitigate risks. She described the currency as having “passed the stress test” during recent shocks, while calling for continued policy efforts to maintain that stability. The company is also using financial instruments to hedge against potential fluctuations.

Inflation, particularly in food prices, remains the most immediate pressure on consumers. Karaseva said Nigerian Breweries is seeking to limit price increases by applying global cost management practices locally, aiming to balance rising input costs without eroding purchasing power.

The company’s comments come as it reported a financial recovery in 2025. Revenue rose 35% year on year to NGN1.5 trillion ($1.11bn), while gross profit increased 77% to NGN565bn ($420mn). Operating profit rose 194% to NGN205bn ($152mn), and the brewer returned to profitability with net income of NGN99bn ($74mn), reversing losses recorded in 2024.

Karaseva said maintaining pricing discipline and operational resilience would remain central to navigating market volatility.

© 2026 bne IntelliNews, source Magazine

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