Champion Breweries Plc released its audited financial statement for the period ended December 31, 2025, reporting a 108% increase in profit before tax (PBT) to N2.65 billion, up from N1.27 billion in 2024.
Profit after tax also rose significantly, surging 119% to N1.79 billion, compared to N816.99 million in 2024. The company attributed the strong bottom-line performance to revenue growth outpacing the cost of sales.
Revenue grew 43% year-on-year to N29.8 billion, while cost of sales rose only 18%, driving a 76% increase in gross profit and expanding gross margin to 52% in 2025 from 42% in 2024. Operating profit more than doubled to N4.83 billion, up from N2.3 billion, reflecting efficiency gains and disciplined cost management in production and operations.
The Board has proposed a dividend of 7 kobo per share, up from 6 kobo per share in the previous year. The dividend, if approved, will be paid to shareholders listed on the Register of Members as of April 29, 2026.
Champion Breweries also made a strategic acquisition of the Bullet brand assets, placing a 10% deposit in August 2025 and completing payment in February 2026. The acquisition is expected to strengthen the company’s presence in the alcoholic and energy beverage market, adding to future revenue streams.
Despite the strong results, the company’s stock price dipped 5.6% on Monday, March 2, 2026, closing at N17.00 per share. However, the stock has gained 21.4% year-to-date, reflecting investor confidence in the company’s performance.
