Nigerian Breweries Plc has paid N126 billion in dividends to shareholders from 2010 to 2014,
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An analysis of the dividend payment history of the leading brewing firm shows that it paid a dividend of N9 billion in 2010,
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And shareholders stand to enjoy more dividends given the assurance of Vervelde.
Speaking in Lagos on Tuesday, he said merger of the company with Consolidated Breweries that was concluded last December, had greatly enhanced its portfolio and increased its market share.
According to him, post-merger, Nigerian Breweries will be able to meet the demands of a changing Nigerian beer market,
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Stressing that the company remained committed to cost leadership and outperforming the market,
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Despite the challenges, he said Nigerian Breweries grew its market share in 2014,
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In the course of the year, he also noted that the company recorded significant success in terms of its innovation rate,
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Stressing that the company remained committed to cost leadership and outperforming the market,
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He explained that the company embarked on cost reduction strategies such as logistic cost and cost of raw materials to reduce the impact of unfriendly operating environment on its operational performance.
On the company s outlook for the year, Vervelde,
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Nigerian Breweries recorded a revenue of N266.37 billion compared with N268.61 billion achieved in the corresponding period of 2013. Profit before dropped to N61.46 billion from N62.24 billion posted in 2013, while profit after tax stood at N42.52 billion against N43.08 billion in 2013.相关的主题文章:
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