Pleass Global Limited (PBP), a Fijian bottler known for its premium artesian water, has made strides in enhancing its operational capabilities and shareholder value. Recently, the company shared exciting updates with its stakeholders, as reported during their latest shareholder communication.
Chairman Warwick Pleass emphasized the company’s ongoing journey of improvement, noting, “Our stakeholders will no doubt be pleased with yet another result in the now long trend of improved company performance as we reach suitable scale.” The most significant upgrades to the bottling line since 2017 were completed on January 22, 2025, with an investment of approximately $2 million. These enhancements include cutting-edge machinery that increases product quality and manufacturing efficiency.
Additionally, Pleass Global has opened a new Distribution Centre in Nadi to cater to the rising demand in western markets. The company also plans to invest around $8 million in constructing a larger, dedicated Distribution Centre to further streamline operations.
In a move to increase production capacity, Pleass Global is investing $22 million in a new factory and warehouse in Namosi. These substantial investments signify the leadership’s firm confidence in the potential growth of Pleass Global, particularly as they have achieved the necessary sales to ensure the effectiveness of their new facilities. With a strong export order book, the company’s future appears promising.
Moreover, PBP is committed to transparency and shareholder engagement, with plans to release its complete audited financial statements and the 2024 Annual Report soon. The company is also encouraging continued dividend payments to its shareholders. Recently, they earned the Authorised Economic Operator (AEO) certification from the Fiji Revenue and Customs Service, highlighting their compliance with international customs standards, which further enhances their capability to export Fijian products.
Overall, these initiatives and significant investments position Pleass Global Limited favorably for growth, suggesting an optimistic outlook for the company and its stakeholders within the dynamic Fijian market.
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