INTERNATIONAL BREWERIES PLC AFFIRMS CONFIDENCE IN ITS PATHWAY TO SUSTAINABLE PROFITABILITY.

INTERNATIONAL BREWERIES PLC AFFIRMS CONFIDENCE IN ITS PATHWAY TO SUSTAINABLE PROFITABILITY. …C0NTINUE READING HERE >>>

Following the successful execution of its rights issue, the largest equity offering in the Nigerian capital market, International Breweries Plc (IBPLC), has assured its investors and stakeholders of its continuous commitment to the sustainable growth of the company.

The Chairman of the Board of Directors, HRM Nnaemeka Achebe, in a statement to the company’s shareholders commended the company’s progress, particularly after its Rights Issue which enabled the repayment of its forex denominated loan which had impacted the company over the years.
According to Achebe, “the elimination of…

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