Nigerian Breweries PLC 2024 AR2
The report highlights Nigerian Breweries Plc's financial and sustainability performance for the fiscal year 2024. Despite macroeconomic challenges, the company achieved a record revenue of ₦1.1 trillion, representing an 81% year-on-year growth, and successfully completed a ₦599.1 billion Rights Issue to strengthen its financial position. In sustainability, the company advanced its net-zero journey by installing solar PV systems at its Ibadan, Lagos, and Aba breweries, and commissioning the first-ever dedicated biogas boiler in the HEINEKEN Africa and Middle East region at Ama Brewery. Additionally, the company achieved zero-waste-to-landfill at six of its seven operational breweries and improved its water consumption efficiency to 3.35 HL/HL.
Company: Nigerian Breweries PLC
Sector: Consumer Staples
Country: Nigeria
Year: 2024
Type: AR2
Pages: 164
Nigerian Breweries PLC
Annual Report And Accounts
The report highlights Nigerian Breweries Plc's financial and sustainability performance for the fiscal year 2024. Despite macroeconomic challenges, the company achieved a record revenue of ₦1.1 trillion, representing an 81% year-on-year growth, and successfully completed a ₦599.1 billion Rights Issue to strengthen its financial position. In sustainability, the company advanced its net-zero journey by installing solar PV systems at its Ibadan, Lagos, and Aba breweries, and commissioning the first-ever dedicated biogas boiler in the HEINEKEN Africa and Middle East region at Ama Brewery. Additionally, the company achieved zero-waste-to-landfill at six of its seven operational breweries and improved its water consumption efficiency to 3.35 HL/HL.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Net Zero Target
Employees