Guinness Nigeria Plc has announced its unaudited financial results for the fifteen months ended September 30, 2025, showing a significant turnaround in performance with revenue nearly doubling and a return to profitability.
The company reported a 99 percent increase in revenue, rising from ₦299.5 billion (US$205.1M) in the twelve months ended June 2024 to ₦594.7 billion (US$407.26M) in the fifteen months ended September 2025.
The strong revenue growth reflects broad-based improvement across its key product categories and sustained consumer demand.
Effective this financial year, Guinness Nigeria changed its financial year-end from June 30 to December 31, following regulatory approvals.
Consequently, the current reporting period covers fifteen months from July 1, 2024, to September 30, 2025. The next financial year will now end on December 31, 2025.
Gross profit for the period grew by 102 percent to ₦184.7 billion (US$126.49M), driven by productivity gains and enhanced cost management. Operating profit also rose sharply by 151 percent to ₦63.9 billion (US$43.76M), underlining strong operational execution.
The company recorded a net profit after tax of ₦26.3 billion (US$18.01M), representing a major recovery from the ₦54.7 billion (US$37.4M) loss reported in the previous financial year.
The improvement was attributed to higher revenue, efficiency gains in the supply chain, and improved market conditions that bolstered consumer spending on its core brands.
Commenting on the results, Chairman of the Board, Professor Fabian Ajogwu, SAN, said the performance demonstrates the strength of Guinness Nigeria’s strategy and its disciplined approach to execution despite economic challenges.
Managing Director and Chief Executive Officer, Girish Sharma, stated that the results reflect the resilience and commitment of the company’s workforce, emphasizing that strategic decisions to strengthen business fundamentals have reinforced its growth trajectory and consumer connection.
