International Breweries Plc has reported a strong third-quarter pretax profit of N12.6 billion for the period ended September 2025, rebounding from a loss of N4.3 billion in the same period last year. This impressive turnaround is attributed to strong sales of brewed products, reduced foreign exchange losses, and effective cost management.
Key Highlights:
– Revenue Growth: N131.5 billion, up 9.42% year-on-year
– Gross Profit: N39.3 billion, up 21.98% year-on-year
– Operating Profit: N10.9 billion, up 287.40% year-on-year
– Net Finance Income: N1.7 billion, up 12.80% year-on-year
The company’s nine-month pretax profit also recovered sharply to N74.2 billion, up from a N154.5 billion loss over the same period in 2024. Shares of the company are currently priced at N14.45, reflecting a year-to-date increase of 160.36%.
