Profit was supported by strong sales growth, margin expansion and the strategic acquisition of Bullet beverage brands across African markets.
Foreign currency translation loss, which stood at N290.7 billion in 2024, declined to zero in the year under review.
Jägermeister Orange and strong travel retail performance lift 2025 sales, while CEO signals cautious outlook for 2026 amid global market headwinds.
Brown-Forman to bring Jack Daniel’s flavored malt beverages in-house as it strengthens ready-to-drink strategy.
Allied Blenders strengthens its alcohol manufacturing footprint with a strategic stake in Kion Blenders and plans for a 200 KLPD distillery in Andhra Pradesh.