Leading beverages manufacturer, Delta Corporation Limited has reported its strongest financial performance in recent history with annual revenue surpassingUS$1 billion for the first timedriven by rising consumer demand for beer and soft drinks despite mounting tax pressures. In its financial results for the year ended 31 March 2026, Delta said revenue rose by35% to US$1.09 billionmarking what executives described as a major milestone in the company’s history. Excluding the contribution from Schweppes Holdings Africa Limited (SHAL), revenue growth stood at 23%.
“Revenue crossed the US$1 billion mark for the first time in Delta’s history,” the company said attributing the growth to increasing demand across its product lines. “Consumers are choosing our brands in greater numbers across every category.” The company said growth was underpinned by rising sales volumes rather than currency effects with both lager beer and sorghum beer recording19% growthin volumes. Sorghum beer, marketed under brands such as Chibuku Super reached a historic4.6 million hectolitressurpassing the previous peak recorded in 1998.
“Sorghum Beer Zimbabwe surpassed 4.6 million hectolitres, exceeding the previous peak set in 1998,” Delta said describing the performance as evidence of strong consumer loyalty despite competition from informal alternatives. Soft drinks also performed strongly with sparkling beverages volumes increasing by14%, while total non-alcoholic beverage volumes including Schweppes climbed16% to 3.1 million hectolitres. However, Delta said it absorbed nearlyUS$30 million in sugar surtax costsin an effort to shield consumers from price increases. Delta warned that the country’s sugar surtax remained above regional levels and risked pushing consumers towards unregulated alternatives.
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