Guinness Posts N730.8bn Net Sales, 47.9% Q1 Profit Growth

Guinness Nigeria Plc has reported net sales of N730.8 billion for the 18 months ended December 2025, alongside a strong first-quarter 2026 performance that saw net profit rise by 47.9 per cent to N10.4 billion.

The company disclosed the figures during a media engagement session held in Lagos, where it also reaffirmed its commitment to sustainable growth, operational efficiency, and corporate transparency as part of its ongoing strategic reset programme.

According to the company, the results reflect sustained improvements in profitability, strengthened shareholder returns, and a more resilient balance sheet driven by deliberate operational reforms.

Speaking at the engagement, Finance and Strategy director, Mayank Kabra, said the performance underscores the impact of Guinness Nigeria’s transformation agenda.

“Our transformation journey is anchored on operational excellence, consumer obsession, disciplined financial management, and a winning culture. We are building a business that is not only resilient, but also capable of delivering sustainable value to consumers, employees, communities, and shareholders,” he said.

The company noted that its share price has also recorded significant appreciation since September 2024, reflecting growing investor confidence and improved market sentiment around its business outlook.

Guinness Nigeria further highlighted its governance framework, describing itself as one of the first companies certified under the Nigerian Exchange Corporate Governance Rating System. It also reiterated its adherence to ethical business practices through its Code of Business Conduct and continued participation in the Convention for Business Integrity.

Corporate Relations and Legal Director, Rotimi Odusola, said the company’s operations remain guided by strong values and a commitment to responsible business practices.

He added that Guinness Nigeria’s social impact initiatives continue to expand, particularly in education and healthcare.

According to him, more than 100 students have benefited from its undergraduate scholarship programme since 2019, while its Guinness Eye Centres in Lagos and Onitsha continue to receive investments in equipment upgrades, renovations, and cataract surgeries.

“Strong governance, ethical conduct, and meaningful community engagement are not peripheral to how we operate; they are central to it. As we continue to grow, we remain intentional about doing business the right way and contributing to the communities that have supported us for over seven decades,” he said.
The company also highlighted investments in people and culture transformation, noting that recent learning and development initiatives have improved productivity and strengthened accountability across the organisation.
Guinness Nigeria said it remains focused on driving innovation, strengthening consumer engagement, and building culturally resonant brands capable of sustaining growth in Nigeria’s evolving beverage market.