A Namibian investment with long-term prospects

  • NBL is the only home grown Namibian brewery, listed on the NSX for 20 years, with a portfolio of alcoholic and non-alcoholic brands representing the craft, premium, international premium and mainstream beverage categories.
  • The quality of NBL brands are consistently recognised internationally – Windhoek Lager recently won its 10th consecutive gold medal at the DLG awards.
  • King Lager was conceptualised to encourage the development of a local barley industry and therefore uses unmalted barley as an ingredient.
  • NBL’s Tafel Lager sales exceeded 1 million hectolitres for the first time in this financial year.
  • As from April 2016 NBL achieved a 30% water consumption reduction in line with the City of Windhoek’s requirements and in contribution to the responsible use of water due to the prevailing drought conditions. These savings are sustainable and embedded in all future operations.
  • Despite current economic challenges, NBL has been able to retain its price position without any negative impact on volumes.
  • Despite its dominant market position in Namibia, NBL has avoided complacency, continuously launching new products, new packaging and achieving sustainable efficiencies in its operations.
  • The South African market remains NBL’s most attractive growth opportunity, which will be exploited through the newly structured relationship with Heineken.
  • NBL has a stable shareholder base and strategic support through its ownership structure and position within the O&L Group. O&L effectively holds 29.69% and Heineken 29.68% in NBL.
  • Dividends to shareholders increased by an average of 48.1% over the past five years and the net asset value per share by 38.6%.
  • NBL is one of only a handful of breweries in the southern hemisphere that are self-sufficient with regards to CO2 in all aspects of production – and sells surplus CO2 to external customers.

Long-term growth investment opportunity