Guinness Nigeria grows revenue by 144 per cent

Guinness Nigeria Plc has announced its audited financial results for the eighteen-month period ended 31 December 2025, delivering strong growth and improved profitability despite a competitive and evolving operating environment.

The reporting period reflected the company’s transition to a new financial year-end December 31, extending the financial year from July 1, 2024 to December 31, 2025, a period of 18 months.

The report represented its first full audited reporting cycle under Tolaram’s ownership. This also followed the celebration of 75 years of operations in Nigeria, marking a legacy defined by resilience, adaptability, and enduring consumer trust.

For the period under review, revenue increased by 144 per cent to N730.8 billion, compared to N299.5 billion in the twelve months ended June 2024. Gross profit rose by 152 per cent to N230.5 billion, supported by improved productivity and disciplined cost management. Operating profit grew significantly by 251 per cent to N89.3 billion, reflecting strengthened commercial execution and operational efficiency. The company recorded a net profit after tax of N41.2 billion, marking a substantial turnaround from the N54.7 billion loss reported in the previous financial year.

Chairman, Guinness Nigeria Plc, Prof. Fabian Ajogwu, SAN, said the audited results reflected the resilience of Guinness Nigeria and the disciplined execution of its strategy during a pivotal period for the company.

He said: “As we build on a 75-year legacy in Nigeria, the Board is encouraged by the company’s improved financial strength and sustained performance momentum. We remain firmly committed to delivering long-term value to our shareholders and stakeholders”.

Managing Director, Guinness Nigeria Plc, Girish Sharma, said closing the extended financial year with such a strong performance demonstrated the progress the company has made in reshaping its business for sustainable success.

He said: “Our first full reporting cycle following the transition underscores the effectiveness of our sharpened commercial focus and operational discipline. As we move into a new financial cycle, we are intent on accelerating growth, embedding a high-performance culture with an entrepreneurial mindset, and delivering sustainable value across our portfolio”.

He assured that Guinness Nigeria remains committed to disciplined execution, responsible business practices, and delivering sustainable growth in the years ahead.