Beverage Firm Restates Commitment To Sustainable Growth, Corporate Transparency

Guinness Nigeria Plc has reaffirmed its commitment to sustainable growth, operational efficiency, and corporate transparency.

The Company stated this at a media engagement session held in Lagos, where Guinness Nigeria provided deeper insight into its business performance, governance structure, and long-term strategic direction.

During the engagement, the company highlighted key milestones since the start of its strategic reset initiative, including stronger profitability, improved shareholder returns, and a more resilient balance sheet.

Guinness Nigeria reported net sales of N730.8 billion for the 18 months ended December 2025, along with a net profit of N41.2 billion. First-quarter 2026 net profit rose 47.9 per cent to N10.4 billion.

The company also noted that its share price has appreciated significantly since September 2024, reflecting renewed investor confidence and stronger market sentiment around the business.

In a presentation delivered on behalf of the managing director, the finance and strategy director of Guinness Nigeria, Mayank Kabra, said the company’s progress reflects deliberate efforts to build a stronger, more agile organisation, positioned for long-term growth.

“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.

Guinness Nigeria further outlined its governance credentials, describing itself as one of the first companies certified under the Nigerian Exchange Corporate Governance Rating System.

The company reiterated its commitment to ethical business practices through its Code of Business Conduct and continued participation in the Convention for Business Integrity.

Speaking on the company’s governance and social impact priorities, the corporate relations and legal director of Guinness Nigeria, Rotimi Odusola, said the business remains anchored on the values that have shaped its standing in the Nigerian market.

He spotlighted the company’s social impact initiatives spanning education, healthcare, and responsible drinking advocacy, disclosing that over 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, renovation, 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.