By Erewunmi Peace

Shareholders of Nigerian Breweries Plc have commended the company for its strong financial recovery and return to profitability, following a period of economic challenges that affected operations.

The commendation was made at the company’s 80th Annual General Meeting (AGM) held in Lagos, where stakeholders reviewed the company’s performance for the 2025 financial period.

According to reports from the meeting, shareholders expressed satisfaction with the company’s improved financial results, noting significant progress in revenue growth, cost management, and overall profitability.

The company had previously faced economic pressures, including inflation and foreign exchange challenges, which impacted its earnings in earlier periods. However, recent performance indicates a strong turnaround.

Management attributed the recovery to strategic pricing adjustments, operational efficiency, and improved market conditions.

Shareholders encouraged the company to sustain the positive momentum while continuing to strengthen its market position in the beverage industry.

The meeting ended with optimism about the company’s future growth prospects and long-term sustainability.