Business

Guinness Nigeria Achieves Strong Turnaround and Revenue Growth in Extended Financial Year

Guinness Nigeria Plc today announced its unaudited financial results for the 15 months ended September 30, 2025, reporting a robust performance that demonstrates significant resilience and strong business momentum despite challenging market conditions.

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​The results follow the company’s approved decision to change its financial year-end from June 30 to December 31, extending the current reporting period from July 1, 2024, to September 30, 2025 (15 months).

​Guinness Nigeria delivered strong growth across all major financial indicators, including a significant return to profitability:
​Revenue surged by 99% to ₦594.7 billion, up from ₦299.5 billion in the previous 12-month period (ended June 2024).

​Gross Profit grew by 102% to ₦184.7 billion, reflecting improved productivity and cost efficiencies.

​Operating Profit increased sharply by 151% to ₦63.9 billion.

​Net Profit After Tax recorded a solid turnaround of ₦26.3 billion, moving the company out of the ₦54.7 billion loss reported in the prior financial year.

​Prof. Fabian Ajogwu, SAN, Chairman of the Board, emphasized the company’s strong execution: “These results reflect the strength of our strategy, the discipline of our execution, and the commitment of our people. Despite market headwinds, Guinness Nigeria continues to demonstrate resilience and focus, positioning the business for sustainable growth. The Board remains confident in our strategic direction and steadfast in our commitment to delivering long-term value to all stakeholders.”

​Girish Sharma, Managing Director/CEO, highlighted the factors driving the success: “This performance reinforces the impact of the deliberate choices we’ve made to strengthen our business fundamentals and stay close to our consumers. Our ambition is clear: to be one of the best performing, most trusted, and most respected consumer products companies in Nigeria.

We are transforming into a truly high-performance organization powered by innovation, agility, and an entrepreneurial spirit. As we build for more into the future, our priority is to sustain this momentum, deepen our operational efficiency, and unlock new avenues for growth.”

​Guinness Nigeria remains committed to its growth trajectory and will continue to uphold the highest standards of responsibility and performance.

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