Namibia Breweries Ltd 2023 IR
The report outlines Namibia Breweries Limited's performance and strategic transition for the fiscal year ended June 30, 2023, marking its first year as a subsidiary of HEINEKEN Beverages. Key highlights include a 12.1% increase in net revenue to N$3,388 million, despite a 36.9% decrease in operating profit due to inflationary pressures and merger-related expenses. The company successfully completed the acquisition of Distell Namibia, expanding its portfolio to include wines, spirits, and ciders. On the sustainability front, NBL increased its solar energy capacity to 20% of its electricity needs and maintained zero workplace fatalities.
Company: Namibia Breweries Ltd
Sector: Consumer Staples
Country: Namibia
Year: 2023
Type: IR
Pages: 175
Namibia Breweries Ltd
Integrated Annual Report
The report outlines Namibia Breweries Limited's performance and strategic transition for the fiscal year ended June 30, 2023, marking its first year as a subsidiary of HEINEKEN Beverages. Key highlights include a 12.1% increase in net revenue to N$3,388 million, despite a 36.9% decrease in operating profit due to inflationary pressures and merger-related expenses. The company successfully completed the acquisition of Distell Namibia, expanding its portfolio to include wines, spirits, and ciders. On the sustainability front, NBL increased its solar energy capacity to 20% of its electricity needs and maintained zero workplace fatalities.
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Document Details
Report Year
2023
Reporting Period
Jul 1, 2022 - Jun 30, 2023
Fiscal Year
2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women in Management
Workplace Fatalities
Net Zero Target
Employees