Champion Breweries grows revenue to N51.4bn
- ✦The company said its profit after tax included a net tax credit of approximately N1.3bn, mainly arising from deferred tax recognised on temporary differences under IAS 12.
- Champion Breweries Plc recorded a 140 per cent increase in revenue to N51.4bn in the nine months ended September 30, 2026, driven mainly by the consolidation of enJOYbev B.V., despite lower sales volumes in its standalone brewery business.
- The company attributed the revenue growth mainly to the consolidation of enJOYbev B.V., noting that its standalone brewery business recorded lower sales volumes, in line with industry trends.
- The company said its profit after tax included a net tax credit of approximately N1.3bn, mainly arising from deferred tax recognised on temporary differences under IAS 12.
Champion Breweries Plc has recorded a 140% increase in revenue to N51.4bn for the nine months ended September 30, 2026, driven by enJOYbev B.V. consolidati
Frequently Asked Questions About This Story
What is the key takeaway from this report?
Champion Breweries Plc recorded a 140 per cent increase in revenue to N51.4bn in the nine months ended September 30, 2026, driven mainly by the consolidation of enJOYbev B.V., despite lower sales volumes in its standalone brewery business.
What additional context is highlighted in this report?
The company attributed the revenue growth mainly to the consolidation of enJOYbev B.V., noting that its standalone brewery business recorded lower sales volumes, in line with industry trends.
What timeline or key figures were confirmed?
Champion Breweries Plc recorded a 140 per cent increase in revenue to N51.4bn in the nine months ended September 30, 2026, driven mainly by the consolidation of enJOYbev B.V., despite lower sales volumes in its standalone brewery business.
