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Good Governance, Focus Propelled Guinness To N496.6bn Revenue, says Firm

by Leadership News
1 week ago
in News
good governance
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Attributing its positive financials to the quality of leadership, clarity of vision, and strength of governance, Guinness Nigeria, in its unaudited financial results for the 12 months ended June 30, 2025, recorded 65.8 per cent increase in its revenue to N496.6 billion, up from N299.5 billion in the previous year.
Its Gross profit also grew by 62.2 per cent to N148.3 billion, while operating profit rose by 86.6 per cent to N47.4 billion even as it declared a profit after tax of N16.2 billion.

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The company’s results released to the investing public on the Nigerian Exchange showed a remarkable turnaround in performance despite a persistently challenging economic environment and an intensely competitive landscape.

The announcement comes in a landmark year for the company, as Guinness Nigeria celebrates 75 years of operations in Nigeria, a testament to the enduring strength of its brands, its people, and its commitment to brewing excellence.

Most notably, the company returned to profitability with a net profit after tax of N16.2 billion, compared to a N54.7 billion loss recorded in the full year 2024. Guinness said, “these results reflect our focused execution of its strategic priorities, disciplined cost management, and the resilience of its people and portfolio.”

Speaking on the performance, chairman of the Guinness Nigeria, Prof. Fabian Ajogwu said, “this strong turnaround speaks to the quality of leadership, clarity of vision, and strength of governance at Guinness Nigeria. As we mark 75 years of doing business in Nigeria, this performance underscores our long-standing resilience and commitment to value creation.

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The Board remains confident in the company’s long-term strategy and is committed to sustaining this momentum for our shareholders and stakeholders.”

The managing director/CEO, Guinness Nigeria, Girish Sharma added that, “these results reflect our team’s focus, agility, and deep connection with our consumers. We have set a clear ambition, to be one of the best performing, most trusted, and most respected consumer products companies in Nigeria

“That ambition is driving us to build a high-performance organisation with an entrepreneurial spirit. While the external environment remains dynamic, we are building on this momentum with confidence and purpose.”

Guinness Nigeria remains committed to delivering long-term, sustainable growth while continuing its legacy of enriching lives and communities across the country.


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