Nigerian Breweries has in recent years remained one of the most consistent performers in the Nigerian Stock Market. It has continued to improve on its revenues and earnings ensuring that shareholders receive steady dividends annually.

Revenue

Revenue increased 23.87% to N136.51 in the first half of the year compared to the same period last year. However, over 50% of their revenue was eaten up by cost of sales. Cost of Sales was N74b for the period higher than the N56.79b incurred in the first half of 2011. Gross Profit Margin therefore was 45.8% lower than the 48% last year. This indicates a highly competitive business environment as well as reflecting increase in price of raw materials.

Continue reading here==>> http://ugometrics.com/?p=1275

ugodre:
Nigerian Breweries has in recent years remained one of the most consistent performers in the Nigerian Stock Market. It has continued to improve on its revenues and earnings ensuring that shareholders receive steady dividends annually.

Revenue

Revenue increased 23.87% to N136.51 in the first half of the year compared to the same period last year. However, over 50% of their revenue was eaten up by cost of sales. Cost of Sales was N74b for the period higher than the N56.79b incurred in the first half of 2011. Gross Profit Margin therefore was 45.8% lower than the 48% last year. This indicates a highly competitive business environment as well as reflecting increase in price of raw materials.

Continue reading here==>> http://ugometrics.com/?p=1275

This is one of the stocks that did not suffer during the melt down, but I think NB is currently over priced.

the company operate in vibrant industry, industry that remain toast of investors even during the meltdown with the stock as hot cake. The stock is not overpriced, serious and value investors as stakeholders. Stakeholders like warren buffet. I prefer NB to nestle