Search results for : Breweries
October 16, 2017
The First Annual Bartistry Powered by Commonwealth Brewery Ltd. off this month
An event created to encourage and showcase the bar culture in The Bahamas, Bartistry ? powered by Commonwealth Brewery Limited (CBL), will host its first series from October to December of this year with activities based on signature cocktails...
Sustainability plan at brewery
June 30, 2022
Sustainability plan at brewery
COMMONWEALTH Brewery Limited is exploring solar energy and eco-friendly packaging to advance the company's sustainability agenda.
Commonwealth Brewery IPO at 60 subscribed
April 11, 2011
Commonwealth Brewery IPO at 60 subscribed
Confirmed and indicative subscriptions stand at around $59 million or 94 percent, heading into the final five days of the Commonwealth Brewery Limited (CB) initial public offering (IPO).
Of that number, Michael Anderson, President of Royal Fidelity Bank?& Trust, told Guardian Business in an interview on Friday that $38 million, or around 60 percent of the offer, was confirmed. Interest expressed ...
Anderson on brewery's dividend policy
April 11, 2011
Anderson on brewery's dividend policy
Commonwealth Brewery’s (CB) 100 percent dividend policy may be an incentive to many investors to participate in its initial public offering (IPO), but it has come under scrutiny in regards to whether or not such a policy is sustainable.
At the heart of the issue is the question of whether the dividend policy of a 100 percent payout of net income would allow for necessary capital expenditure ...
The Commonwealth Brewery share offer
April 11, 2011
The Commonwealth Brewery share offer
Commonwealth Brewery Limited opened its public share offering on March 21, 2011 and will close this coming Friday, April 15, 2011. This is the first time in a decade that shares have been offered to the public, and, given that this is the largest initial public offering of shares in Bahamian history, this offering has attracted considerable interest. We are not aware of any comprehensive analysis...
November 09, 2021
Bahamian Brewery & Tito’s Handmade Vodka team up to support Rotary Club of East Nassau
The widely-used acronym for the Bahamian Brewery & Beverage Company, (BBB), took on a whole new meaning, becoming Birdies, Bogeys, and Bank Shots, all thanks to the company’s recent sponsorship of the Rotary Club of East Nassau’s annual charity golf tournament.
The company joined forces with Tito’s Handmade Vodka, the Rotary Club of East Nassau and the Scout Association of The Bahamas to...
Brewery: 35 output increase capabilities
March 20, 2011
Brewery: 35 output increase capabilities
By NEIL HARTNELL
Tribune Business Editor
COMMONWEALTH Brewery is currently producing at 60-65 per cent capacity due to the recession-induced drop in demand for its drinks products, its managing director telling Tribune Business that it will not need "substantial investment" to raise output back to peak 2006-2007 levels once the economy turns around.
Enjoying an estimated 80 per cent share of th...
December 10, 2020
CBL to carry out redundancies brewery impacted by COVID-19
Commonwealth Brewery Limited (CBL) will make fewer than 30 employees from across several areas of the business redundant in a company restructuring exercise that is now being completed, CBL revealed yesterday, adding that decreased tourism numbers have presented increased financial challenges. The company noted in a statement that the COVID-19 pandemic's effect on tourism and ...
The post CBL to c...
Commonwealth Brewery profits soar
September 01, 2021
Commonwealth Brewery profits soar
Commonwealth Brewery Ltd. (CBL) is crediting the sharp boost in tourist arrivals and lower unemployment to a nearly 64 percent increase in net revenue and $3.24 million in net profits during the second quarter of its financial year.
May 12, 2021
Bahamian Brewery & Beverage Co. Introduces Plastic-Free Packaging
In 2020, The Bahamas joined 69 nations across the globe who have banned single-use plastics to promote greater environmental sustainability. The move was part of efforts to rethink the national management of solid waste and offered businesses an opportunity to reduce plastic and styrofoam waste which have, over the past many years, resulted in the widespread pollution and contamination of our envi...
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