Champion Breweries Plc (“Champion” or “the Group”), a leading brewer and beverage company listed on the Nigerian Exchange Limited (“NGX”), has announced strong unaudited results for the six months ended June 30, 2026, driven by solid commercial performance, improved operational efficiencies, and the successful expansion of its business portfolio following the acquisition of EnjoyBev B.V.
The first half of 2026 marked a transformational period for the company as it strengthened its growth platform through strategic investment, delivered resilient operating performance, and successfully transitioned to a new Group structure.
During the period, Group revenue reached ₦35.73 billion, while second-quarter revenue amounted to ₦21.37 billion. Operating profit stood at ₦6.17 billion and profit after tax attributable to the Group was ₦2.65 billion, with second-quarter profit after tax of ₦1.76 billion.
The company also successfully completed the acquisition of an 80% equity interest in EnjoyBev B.V., strengthened its capital base through a successful capital-raising programme that increased shareholders’ equity to ₦69.08 billion, and maintained full compliance with Nigerian Exchange free float requirements, with free float increasing to 25.72% as of June 30, 2026.
For the six-month period, Group revenue increased to ₦35.73 billion, while second-quarter revenue reached ₦21.37 billion, reflecting continued growth across the company’s beverage portfolio and contributions from the Group’s expanded operations following the acquisition of EnjoyBev B.V. in the first quarter.
Operating performance remained robust, with Group operating profit of ₦6.17 billion despite continued investments in route-to-market expansion, brand building, distribution capabilities, and other strategic initiatives designed to support sustainable
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