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Nigerian Breweries Plc, has retained its number one position in the lager and malt categories while ascending to second place in stout.
Speaking at a media parley in Lagos, Uzodinma Odenigbo, Corporate Affairs Director of Nigerian Breweries Plc, attributed the company’s success to its extensive coverage and robust infrastructure.
“With seven operational breweries, one malting plant, 12 sales regions, and 21 depots, our brands are available across the country, including rural areas, giving us a competitive edge,” he stated.
Odenigbo highlighted the company’s longevity, noting that Nigerian Breweries has operated for 79 years, solidifying its position as one of Nigeria’s long-standing manufacturing companies.
“With seven operational breweries and 1 malting plant, 12 sales regions and 21 depots, which gives us a nationwide coverage, we have a competitive edge over our competitors with our brands available across nooks and crannies of the country, including the rural areas,” he said.
He said as of June 2025, the company remains one of the most capitalised, with a market capitalisation of N1.82 trillion, equivalent to $1.19 billion.
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He added that the company recorded an H1 net revenue of N738bn, an operating profit of N151 bn, and net assets of N549bn.
He explained that Heineken holds 72.9% of the company shares and has 118,193 shareholders.
Speaking further, Odenigbo explained that Nigerian Breweries Plc has become a total beverage company with the complete acquisition of Distell Nigeria, which aligns with its ‘Beyond Beer’ ambition.
He affirmed that the acquisition has expanded Nigerian Breweries Plc’s brand portfolio to include wine, spirits, and ready-to-drink (RTD) brands, including Chamdor, 4th Street, Hunters, Amarula, and Savana.
He noted that the company remains committed to its corporate brand purpose of brewing the joy of true togetherness to inspire a better world.
