Search results for : breweries
July 19, 2017
Commonwealth Brewery: Solid financial performance for 2016, 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 sixth annual general meeting (AGM) on June 20, reporting $117.8 million in revenue, $81.1 million in total assets, and a total comprehensive income result of $17.1 million - an increase of more than ...
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...
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...
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...
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...
April 11, 2017
Gold Federation and Bahamian Brewery launch SANDS BEER CUP
The Bahamas Golf Federation (BGF) has partnered with the Bahamian Brewery and Beverage Co Ltd (BBB) to hold a series of golf tournaments this year, leading to an overall winner of the prestigious SANDS BEER CUP, much like the PGA's popular FedEx Cup...
February 22, 2017
Brewery CEO Hosts Minister & Media on Tour of 2 Million Dollar Expansion Project
Fresh off the heels of announcing a 2-million-dollar expansion to the Bahamian Brewery and Beverage Company, CEO Jimmy Sands hosted members of the media and government officials at the company?s Grand Bahama site to view the work currently being done at the Queens Highway facility...
February 10, 2017
Bahamian Brewery Announces $2 Million Expansion in Grand Bahama
While some companies and local residents are still in a recovery mode from the recent passing of Hurricane Matthew, Bahamian Brewery and Beverage Company Limited is expressing confidence in the economic climate of Grand Bahama by announcing a $2 million expansion...
February 08, 2017
Bahamian Brewery announces 2 mil. expansion in Grand Bahama
FREEPORT, Grand Bahama - While some companies and local residents are still in a recovery mode following the recent passing of Hurricane Matthew, Bahamian Brewery and Beverage Company Limited is expressing confidence in the economic climate of Grand Bahama by announcing a $2 million expansion.
Company President James "Jimmy" Sands made the official announcement during a press conference at the Min...
December 14, 2016
Commonwealth Brewery Ltd. host its inaugural Wine Experience
Commonwealth Brewery Ltd. hosted its inaugural Wine Experience event Saturday December 3, at the National Art Gallery. Wine enthusiasts enjoyed over 70 wines including new arrivals and old favorites like Barefoot, Cakebread, Simi, and Louis Martini. With 6 international wine experts present...
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