Beverages

Profit was supported by strong sales growth, margin expansion and the strategic acquisition of Bullet beverage brands across African markets.

The new line aims to double manufacturing capacity while enhancing sustainability, export potential and technological capabilities.

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.