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NBL’s Earnings Per Share expected to increase

Releasing a trading update this week, Namibia Breweries Limited announced that its Earnings Per Share for the year ended 30 June 2015 is expected to increase by approximately 26% compared to the previous year while Headline earnings per share are anticipated to increase by approximately 17% compared to the previous year.

Giving an impression of Namibia Breweries’ half year results for the first half of 2015, stock broking firm IJG said, “although Namibia Breweries managed to increase local sales volumes, revenue fell by 0.8% year-on-year to N$1.434 billion, with the contraction stemming from the decrease in Ready-To-Drink volumes produced and sold to DHN Drinks in South Africa.”
“Total sales of goods, however, are down 1% year-on-year while royalty income rose 8.2%. Locally, sales volumes continued to increase, up 5% year-on-year, led by Tafel Lager and Windhoek Draught. According to management, demand continues to move from Windhoek Lager to Tafel Lager and Windhoek Draught and this portfolio shift was achieved without losing overall market share,” the firm said.

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Windhoek – Flat to let near central business district

One Bedroom flat available for single tenant

Separate bedroom, separate bathroom, combined kitchen and lounge

Airconditioning in lounge

Secure yard with one inside parking bay

Parking bay under shade netting

Walking distance from the CBD

One block away from Wernhil Shopping Mall

Quiet street – G4S security

Water included, electricity excluded

Monthly rent: N$5289.00 excluding electricity

Deposit: N$2500

To view please contact Mrs Don Camm

Tel: 061 221925