Champion Breweries Plc has assured shareholders that the company would sustain its growth trajectory despite prevailing macroeconomic challenges in the country.

Speaking on the company’s performance and outlook, Chairman of the company, Imo-Abasi Jacob, described the brewer’s 50th anniversary as a major milestone noting that the company has recorded significant growth over the last three years following the emergence of a new core investor.

According to him, the firm has moved from periods when it struggled with profitability to a phase of aggressive expansion and improved financial performance.

He stated that the board was focused on ensuring that growth remains sustainable through strong corporate governance, effective oversight and strategic management.

He explained that the company had strengthened the oversight functions of its board committees, including risk management, finance and investment committees, to ensure a balance between growth, profitability and governance.

Jacob expressed appreciation to investors for the confidence shown during the company’s capital raise, particularly in supporting major projects, including the acquisition of a bottling facility.

He noted that the market responded positively to the fundraising exercise, with the company’s share price remaining stable even after the capital raise, which he said reflected investor confidence in the company’s direction.

The chairman assured shareholders that the board and management would continue to work diligently to sustain that confidence and improve performance across all operational indices.

He added that the company’s return to consistent dividend payments after years without payouts demonstrates the progress made in recent years.

According to him, the company has now paid dividends for three consecutive years, beginning with a bonus dividend and followed by cash dividends in subsequent years.

He also pointed out that the board’s objective is to ensure that the company continues to grow sustainably while maintaining regular dividend payments to shareholders.

On market competition, Jacob acknowledged that prevailing macroeconomic conditions have affected household spending, making affordability a key challenge for manufacturers.

He said the company was responding by improving product availability and reducing distribution costs.

He disclosed that the firm plans to launch a canning line later this year to strengthen its product distribution network and improve market penetration.

He explained that the move would enable the company to achieve a better product mix between bottles and cans while ensuring wider availability of its products across markets.

Jacob further noted that the company’s strategy is centred on measured and sustainable growth rather than short-term expansion, stressing that the board remains committed to ensuring long-term profitability and value creation for shareholders.

Jacob assured tha following the successful conclusion of a rights issue that has increased its issued share capital, the firm now operates from a more stable and resilence platform of improved profitability, a strenghtened capital base and a clearer strategic direction.

According to him, this would be achieved through the implementation of appropriate structures aimed at enhancing operational efficiency, expanding market share and integrating strategic acquisitions.

He added that this would also.be achieved through operational.discipline, strategic investment and the effective integration of recent initiatives.

For the 2025 financial year, the Company recorded a 43 percent increase in revenue to ₦29.80 billion, while Profit After Tax rose by 119 percent to ₦1.79 billion, reflecting the success of its margin-led growth strategy.

Champion Breweries Plc (Group) also sustained its growth momentum in Q1 2026, recording a 69 percent year-on-year increase in revenue to ₦14.36 billion, while operating profit rose to approximately ₦3.02 billion, driven by improved efficiency and disciplined cost management.

Despite softer consumer demand and lower domestic volumes, the Company maintained a strong gross profit margin of 48 percent, while profit after tax stood at approximately ₦881 million.