Search results for : Breweries

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News Article

April 28, 2017
Brewery reports lost sales of over 2 million following Hurricane Matthew

Commonwealth Brewery Limited (CBL) revealed yesterday that it incurred lost sales of over $2 million as a result of damage sustained to its Clifton Pier manufacturing plant following the passage of Hurricane Mathew. CBL also endured a loss in stock worth almost $2 million.
In the company's audited 2016 annual report, CBL experienced losses due to inventory destruction, property damage and lost sal...

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News Article
Bahamian Brewery Beverage Marks a Decade of Being 'Truly Bahamian'
September 01, 2017
Bahamian Brewery & Beverage Marks a Decade of Being 'Truly Bahamian'

What began as a vision in the heart and mind of James ‘Jimmy’ Sands has since blossomed into a national beverage empire. Bahamian Brewery & Beverage Co. Ltd is celebrating ten years of everything “Truly Bahamian”...

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News Article

May 02, 2019
VAT increase impacts revenue growth at Commonwealth Brewery

The increase of the value-added tax (VAT) rate to 12 percent impacted Commonwealth Brewery Limited's (CBL) revenue growth. "There was a change in consumer spending power and disposable income due to the increase of VAT from 7.5 percent to 12 percent," said Managing Director of [...]
The post VAT increase impacts revenue growth at Commonwealth Brewery appeared first on The Nassau Guardian.

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News Article
Bahamian Brewery Beverage Company launches Limited Edition Craft Beer
March 09, 2018
Bahamian Brewery & Beverage Company launches Limited Edition Craft Beer

Since launching its signature Sands brands more than a decade ago, the Bahamian Brewery & Beverage Company (BBB) has consistently set the standard for quality products and quality experiences for its customers...

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News Article
Commonwealth Brewery posts solid financial performance for 2016, devastating hurricane Matthew impact signaling a positive outlook for 2017
July 15, 2017
Commonwealth Brewery posts solid financial performance for 2016, devastating hurricane Matthew impact signaling a positive outlook for 2017

Commonwealth Brewery Limited (CBL), the industry’s leader in beer, wine and spirits distribution, served up optimism for 2017 despite a challenging economic situation for shareholders at the company’s 6th annual general meeting (AGM) June 20...

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News Article

July 03, 2017
Commonwealth Brewery reports over 10M in costs from Hurricane Matthew

Commonwealth Brewery Limited (CBL) revealed in its latest annual report that it suffered business interruption and damage costs of over $10 million as a result of Hurricane Matthew.
The brewery, which is responsible for the production of popular beer brands such as Kalik and Heineken, lost around 20 percent of the roof at its Clifton Pier manufacturing plant; it also suffered equipment loss and "m...

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News Article

December 02, 2015
Commonwealth Brewery Ltd. loses Anheuser-Busch InBev distribution deal

Commonwealth Brewery Ltd. (CB) yesterday announced that its subsidiary, Burns House Ltd., has lost its four-decade distribution agreement with the largest brewer in the world, Anheuser-Busch InBev (AB InBev), while rumors circulate that CB's chief competitor Bahamian Brewery and Beverage Company has acquired the distribution rights.

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News Article
Man accused over 1m blaze at brewery
August 02, 2018
Man accused over 1m blaze at brewery

A 41-year-old man was arraigned in Magistrate's Court yesterday on a charge of intentionally setting fire to Commonwealth Brewery resulting in nearly $1m in damage.Darrell Neely, of Marshall Road, stood before Magistrate Carolyn Vogt-Evans charged in...

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News Article

May 17, 2017
New Commonwealth Brewery beverages boost revenue expenses impact net income

The launch of popular alcoholic beverages, such as Kalik Radler Cranberry and Pina Colada, contributed to a boost in revenue for Commonwealth Brewery Ltd. (CBL) in the first quarter of this year.
In its first quarter unaudited financials released yesterday, revenue increased by nine percent when compared to the same period last year.
The rise in revenue was impacted by new streams of revenue added...

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