Report
ARM Research ...
  • Callista Chileke
EUR 4.00 For Business Accounts Only

Nigerian Breweries 2024FY Earnings Note | Recovery in Sight

2024 was a remarkable year for Nigerian Breweries Plc, as it made more than NGN1trn in revenue. However, just like many other consumer goods companies, rising inflation, a rapidly depreciating naira, and high interest rates continued to dampen its bottom-line profit, keeping it in the red zone.

However, we are optimistic about the company’s growth in 2025, and it seems like recovery is really in sight for the company this year. To find out why and whether you should position in it, please read the report.
Underlying
Nigerian Breweries

Provider
ARM Securities Limited
ARM Securities Limited

ARM Securities Limited is a full-service brokerage house that offers best-in-class brokerage services to local as well as foreign private and institutional investors. Formerly known as Hamilton Hammer, the Company commenced operation in 1994 and was acquired by ARM Investment Managers in 2008--an acquisition which has successfully re-positioned the company as a recognized brokerage firm in Nigeria. The Company is a dealing member of the Nigerian Stock Exchange (NSE) and is regulated by Securities and Exchange Commission (SEC). ARM Securities research team provides insightful commentaries on the Nigerian economy and its equity and debt markets using an approach which incorporates a thorough understanding of the fundamentals of the industries and companies under coverage. The research therefore adopts an integrated methodology of top-down analysis and bottom-up stock selection, which focuses on publicly quoted companies on the Nigerian Stock Exchange that are judged to offer the highest potential for earnings growth. In addition, its analysts provide periodic commentaries on a range of topical global and local issues which provide investing clients with a holistic view of the opportunities and risks in today’s financial market landscape. ​

Analysts
ARM Research

Callista Chileke

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