Hendrik (Wessie) van der Westhuizen, the
Managing Director of Namibia Breweries Limited (NBL), today said that NBL
delivered a solid financial performance despite a number challenges which characterised the trading environment. Said van der Westhuizen: “Our overall sales
continue to grow in both Namibia and South Africa with varying growth levels in our export
markets”. He further stated that despite
many challenges in the industry, NBL had managed to grow operating profit by
double digits.
Van der Westhuizen added: “With
recent investments in our brands, production facilities and the passion
and commitment of our people to take this business to a new level, will ensure
that NBL maintains its trajectory towards growth and prosperity.
"We
continued to conduct brand packaging innovations and renovations based on
consumer feedback across our product offering. Within the portfolio of
international and African brands, the Windhoek trademark continued to
outperform with the can variant continuing to do particularly well. The
Windhoek trademark saw the launch of a new TV campaign which was aired in
South Africa and across the region.
(Photograph: NBL Chairman & O&L Executive Chairman, Sven Thieme, left, with Wessie van der Westhuizen, MD Namibia Breweries Ltd.)
"In
Namibia, Tafel Lager saw a launch of a new 440ml can. The Tafel brand also spearhead
NBL portfolio growth and helped increase market share. Windhoek
Draught continues to perform well and has also contributed to the overall
growth in volumes. Windhoek Lager, maintained positive contribution to sales in
Namibia."
Graeme
Mouton, the Finance Director said: “NBL finished the year (end 31/12/2012) strongly, delivering
good performance in the last 12 months. This was mainly driven by top-line
growth of local sales and contract packaging volumes supplying our South
African JV and our regional partners. We experienced mixed performances
in our export markets, with Windhoek Lager and Draught continuing to do well in
Zambia. DHN Drinks, our joint venture in South Africa, continued to grow its
portfolio at single digit levels despite a highly competitive environment.’’ He anticipates that the current and future
dividends will not be impacted by the recognition of the DHN Deferred tax
asset.
Namibia Breweries Limited employs
730 employees. The company is listed on the Namibian Stock Exchange (NSX). The Ohlthaver
& List Group of Companies is the single largest investor in NBL. The
company’s brand portfolio includes leading brands such as Windhoek Lager, Tafel
Lager, Windhoek Draught, and Windhoek Light. NBL is also the distributor of
Diageo-owned ready-to-drink beverages (RTDs) and ciders in Namibia.
Roux-che Locke, Group
Manager: External Relations
Group
Corporate Relations (Ohlthaver & List Group)
P.O
Box 16, Alexander Forbes House
C/o
Independence Avenue & Fidel Castro Street Windhoek, Namibia
Tel:
+264 (0)61 207 5111 / Fax: +264 (0)61 255599 / Cell: +264 (0)81 124 2664
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