Page 28 - Profile's Stock Exchange Handbook - 2026 Issue 1

NSX - NAM Profile’s Stock Exchange Handbook: 2026 - Issue 1
LIQUIDITY: Jan26 Avg 4 327 shares p.w., R3 158.7(0.1% p.a.)
Namibia Breweries Ltd.
ISIN: NA0009114944 SHORT: NBL CODE: NBS
REG NO: 1920/0002 FOUNDED: 1920 LISTED: 1996
NATURE OF BUSINESS: Established on 29 October 1920, NBL is one
of the leading beverage manufacturing companies in Namibia,
employing 983 people. NBL leads the domestic beer market in
Namibia and has a significant share of the premium beer category
in Southern Africa. From April 2023, NBL forms part of HEINEKEN
Beverages, which features a multi-category portfolio driven by
the commitment to deliver high-quality beverages to consumers
across the continent.
SECTOR: CnsStp--FoodBev&Tob--Beverages--Brewers
FINANCIAL STATISTICS NUMBER OF EMPLOYEES: 983
Sep 25 Sep 24 Sep 23 Sep 22 Sep 21 DIRECTORS: Bel J B (ne), Durand J J (ne), Duverdier G (ne), Gerdes H B
(NAD ‘000) Final Final Final Final Final(rst) (ind ne, Namibia), Mokgatle-Aukhumes M K (ind ne), Overmars J (ne),
Turnover 93 247 81 347 78 469 90 269 90 946 Pirmez R J M (ind ne, Belgium), Schimming-Chase A R (ind ne),
Op Inc 16 149 13 690 17 024 15 210 17 902 Shiyuka A J H (ind ne), Yedikardesler Y (ne), Mungunda V J
(Chair, ind ne, Namibia), von Lieres W (MD, Namibia), de Haan W B (FD)
NetIntPd(Rcvd) - 1 675 - 2 288 - 1 546 - 976 - 834 MAJOR ORDINARY SHAREHOLDERS as at 31 Dec 2024
Att Inc 12 441 11 030 12 935 10 779 13 729 NBL Investment Holdings (Pty) Ltd. 59.37%
TotCompInc/Loss 12 441 11 030 12 935 10 779 13 729 Government Institutions Pension Fund 16.04%
Fixed Ass 3 643 200 1 508 2 743 3 407 POSTAL ADDRESS: PO Box 206, Windhoek, Namibia
Inv & Loans 6 000 6 000 6 000 - - MORE INFO: www.sharedata.co.za/sdo/jse/NBS
Tot Curr Ass 55 068 47 942 44 759 62 421 71 875 COMPANY SECRETARY: Hilya Ndiitaneka Herman
Ord SH Int 33 891 32 340 32 318 29 708 31 683 TRANSFER SECRETARY: Transfer Secretaries (Pty) Ltd.
LT Liab 2 932 - - 1 020 1 915 SPONSOR: PSG Wealth Management Namibia (Pty) Ltd.
Tot Curr Liab 29 510 23 407 21 571 41 945 49 359 AUDITORS: Deloitte & Touche (Namibia)
PER SHARE STATISTICS (cents per share) CAPITAL STRUCTURE Authorised Issued
HEPS-C (ZARc) 7.89 6.99 8.22 6.27 8.82 NBS Ords no par val 299 000 000 206 529 000
DPS (ZARc) 6.00 6.00 6.00 6.00 7.00 DISTRIBUTIONS [NADc]
NAV PS (ZARc) 21.48 20.50 20.67 19.08 15.84 Ords no par val Ldt Pay Amt
3 Yr Beta 0.01 0.02 0.04 - 0.04 - 0.02 Interim No 52 3 Oct 25 13 Nov 25 96.29
Price High 73 72 70 70 66 Final No 51 16 Apr 25 14 May 25 157.00
Price Low 72 69 67 66 62 LIQUIDITY: Jan26 Avg 14 472 shares p.w., R420 414.2(0.4% p.a.)
Price Prd End 73 72 69 67 66
RATIOS
Ret on SH Fnd 36.71 34.11 40.02 36.28 43.33
Oper Pft Mgn 17.32 16.83 21.70 16.85 19.68
D:E 0.09 - - 0.03 0.07
Current Ratio 1.87 2.05 2.07 1.49 1.46
Div Cover 1.31 1.17 1.38 1.15 1.26

NOTE: NBL changed its financial year end from 30 June to 31
December.
FINANCIAL STATISTICS
Jun 25 Dec 24 Jun 23 Jun 22 Jun 21
(NAD ‘000)
Interim Final Final Final Final(rst)
Turnover 2 617 985 8 204 548 4 265 246 3 929 246 3 406 110
Op Inc 279 279 895 590 421 213 667 436 612 626
NetIntPd(Rcvd) 14 568 74 657 13 225 19 111 25 716
Att Inc 198 865 650 684 5 094 873 539 878 378 112
TotCompInc/Loss 198 840 649 963 5 099 364 541 316 367 970
Fixed Ass 1 625 881 1 639 103 1 200 767 916 243 937 281
Tot Curr Ass 1 280 673 1 317 721 1 556 904 1 875 036 1 423 723
Ord SH Int 2 214 767 2 340 178 2 107 404 2 450 079 1 908 763
LT Liab 493 797 491 169 524 180 577 000 690 606
Tot Curr Liab 1 101 444 1 049 543 1 055 056 632 033 558 028
PER SHARE STATISTICS (cents per share)
HEPS-C (ZARc) 97.80 311.20 162.70 233.10 178.20
DPS (ZARc) 96.29 359.00 2 635.00 - 56.00
NAV PS (ZARc) 10 723.76 1 133.10 1 020.39 1 186.31 924.21
3 Yr Beta 0.27 0.13 0.18 0.24 0.34
Price High 2 898 3 800 5 000 5 100 3 500
Price Low 2 889 - 3 000 3 120 2 590
Price Prd End 2 890 2 891 3 680 4 092 3 121
RATIOS
Ret on SH Fnd 17.96 18.54 241.76 22.04 19.81
Oper Pft Mgn 10.67 10.92 9.88 16.99 17.99
D:E 0.38 0.32 0.43 0.29 0.43
Current Ratio 1.16 1.26 1.48 2.97 2.55
Div Cover 1.00 0.88 0.94 - 3.23

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