Champion Breweries Plc has launched its unaudited {financial} outcomes for Q1 2025, reporting a powerful 317.93% year-on-year (YoY) development in pre-tax revenue to N1.740 billion, in comparison with a pre-tax lack of N798 million in Q1 2024.
Notably, the Q1 2025 pre-tax revenue already exceeds the corporate’s full-year 2024 revenue by over 36%.
Equally, revenue after tax surged by 219.51% YoY to N985 million, reversing a N824 million loss in Q1 2024. The post-tax revenue additionally surpassed the corporate’s full-year 2024 efficiency by 21%.
Key highlights (Q1 2025 v. Q1 2024):
Champion Breweries made a powerful comeback in Q1 2025, shifting from a loss in the identical interval final yr to a strong revenue.
This spectacular turnaround was pushed by income rising quicker than prices and bills.
Much more stunning, the Q1 2025 revenue already surpassed the whole revenue made within the full yr 2024, setting excessive expectations for the remainder of the yr.
Except for the robust revenue figures, revenue margins additionally received higher, that means the corporate is now incomes extra from every naira of gross sales than earlier than.
Nonetheless, one space that continues to be a priority is the price of uncooked supplies, which jumped by over 68% and already accounts for greater than 44% of what was spent on uncooked supplies in all of 2024.
That is one thing to keep watch over, as rising enter prices might squeeze future income.
On the finance facet, the corporate had no international change losses in Q1 2025, not like the N743 million loss it reported in Q1 2024. This helped preserve internet finance prices comparatively secure.
Champion Breweries’ stability sheet not solely expanded by 17.17% in Q1 2025, however the firm stays utterly debt-free with no interest-bearing loans.
This implies its development is being pushed by internally generated funds or fairness, not borrowed cash.
With shareholders’ funds accounting for 52% of its complete belongings, Champion maintains a powerful {financial} place with low {financial} danger, which is enticing to buyers.
This stage of stability sheet power could enhance investor confidence, increase the corporate’s means to fund future enlargement, and positively affect share worth efficiency, particularly in a high-interest-rate atmosphere the place many firms are combating finance prices.
As of shut buying and selling on Friday, April 25, 2025, the shares have been priced at N4.00, reflecting a 4.99% YtD acquire.
Additionally, the inventory seems to command relative liquidity. During the last three months (Jan 23 – April 25, 2025), it has traded a complete quantity of 404 million shares, rating it the twenty second most traded inventory on NGX inside the three-month interval.
In a press launch dated March 6, 2025, Champion Breweries clarified that its remaining dividend is N0.06 (6 Kobo) per share, not N0.60 as earlier mistakenly introduced. This correction, in response to the corporate, aligns with the determine reported on web page 3 of the Audited {Financial} Statements, confirming that the sooner announcement was an error.
The dividend will likely be paid to shareholders whose names seem within the Register of Members as of the shut of enterprise on Friday, Might 9, 2025.
