Shareholders of Champion Breweries Plc have been given the assurance to enjoy more value for investment in the brewery giant because of the strategies put in place by the board and management.
The chairman of Champion Breweries, Mr Imo-Abasi Jacob, while speaking at the recently-concluded landmark 50th Annual General Meeting (AGM) of the organisation in Uyo, Akwa-Ibom State, stressed that the firm was now “better positioned to navigate future uncertainties and capitalise on emerging opportunities.”
He further said, “Champion Breweries Plc now operates from a more stable and resilient platform, characterised by improved profitability, a strengthened capital base, and a clearer strategic direction.”
According to him, the performance of the company in the first quarter of 2026 attests to this fact, as it sustained its growth momentum, with a 69 per cent year-on-year increase in revenue to N14.36 billion, while operating profit rose to approximately N3.02 billion, driven by improved efficiency and disciplined cost management.
Despite softer consumer demand and lower domestic volumes, Champion Breweries maintained a strong gross profit margin of 48 per cent, while profit after tax stood at approximately N881 million.
In the 2025 fiscal year, the organisation grew its revenue by 43 per cent to N29.80 billion, while post-tax profit rose by 119 per cent to N1.79 billion, reflecting the success of its margin-led growth strategy.
This sterling performance inspired the board to declare a dividend of 7 Kobo per share, which was approved by shareholders at the AGM.
Mr Jacob described the financial year as a defining phase in the company’s evolution, noting that it successfully transitioned from recovery into a stronger growth phase, driven by improved profitability, disciplined operations, strategic capital raising, and expansion initiatives.
“The year under review represents a defining phase in the company’s evolution, one in which Champion Breweries Plc transitioned from a position of recovery to one of measurable growth, strengthened profitability, and strategic repositioning,” he said.
He noted that the firm’s successful rights issue strengthened its capital structure, broadened shareholder participation, and reinforced investor confidence in its long-term strategy.
“Our successful engagement with the capital market during the year was not only a strategic financing milestone, but also a strong vote of confidence from shareholders and stakeholders in the future of Champion Breweries Plc,” he stated.
