Champion Breweries Plc has launched its unaudited monetary 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):
- Income: N8.483 billion +93.75% YoY
- Price of gross sales: N4.492 billion +55.06% YoY
- Gross revenue: N3.991 billion +169.40% YoY
- Promoting and distribution bills: N1.253 billion +24.06% YoY
- Internet Finance Price: N234 million -68.77% YoY
- Fundamental EPS: N0.11 +204.56% YoY
- Money and money equal: N5.615 billion +30.25%.
- Complete belongings: N25.011 billion +17.17%
Fast have a look at the outcomes
Champion Breweries made a robust comeback in Q1 2025, transferring from a loss in the identical interval final yr to a strong revenue.
This spectacular turnaround was pushed by income rising sooner than prices and bills.
Much more shocking, the Q1 2025 revenue already surpassed all the revenue made within the full yr 2024, setting excessive expectations for the remainder of the yr.
Other than the sturdy revenue figures, revenue margins additionally received higher, which means the corporate is now incomes extra from every naira of gross sales than earlier than.
Nevertheless, 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 overseas change losses in Q1 2025, in contrast to the N743 million loss it reported in Q1 2024. This helped maintain web finance prices comparatively steady.
Stability sheet evaluation
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 robust monetary place with low monetary threat, which is engaging to traders.
This degree of stability sheet energy could enhance investor confidence, enhance the corporate’s capability to fund future growth, and positively affect share worth efficiency, particularly in a high-interest-rate setting the place many corporations are scuffling with finance prices.
Share worth efficiency
As of shut buying and selling on Friday, April 25, 2025, the shares had been priced at N4.00, reflecting a 4.99% YtD acquire.
Additionally, the inventory seems to command relative liquidity. Over the past 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 throughout the three-month interval.
Dividend clarification
In a press launch dated March 6, 2025, Champion Breweries clarified that its ultimate 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 Monetary 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, Could 9, 2025.
Be First to Comment