Guinness Nigeria Reports Strong 18-Month Performance, Driven by Revenue Growth and Profit Recovery

Guinness Nigeria announces a strong financial turnaround with significant revenue and profit growth for the 18-month period ended December 31, 2025.

NGN Market

Written by NGN Market

·3 min read
Guinness Nigeria Reports Strong 18-Month Performance, Driven by Revenue Growth and Profit Recovery

Key Highlights

  • Guinness Nigeria reported revenue of ₦730.8 billion, a 144% increase compared to the twelve months ended June 2024.

  • Gross profit surged by 152% to ₦230.5 billion for the 18-month period.

  • Operating profit increased significantly by 251% to ₦89.3 billion.

  • The company achieved a net profit after tax of ₦41.2 billion, a turnaround from the prior year loss of ₦54.7 billion.

Guinness Nigeria Plc has released its audited financial results for the eighteen-month period ended 31 December 2025, showcasing substantial growth and improved profitability despite a competitive operating environment. The reporting period, which spans from 1 July 2024 to 31 December 2025, reflects the company’s transition to a new financial year-end.

The results mark Guinness Nigeria’s first full audited reporting cycle under Tolaram ownership and coincide with the company's 75th anniversary of operations in Nigeria.

Revenue for the period increased by 144% to ₦730.8 billion, compared to ₦299.5 billion in the twelve months ended June 2024. Gross profit rose by 152% to ₦230.5 billion, driven by improved productivity and disciplined cost management. Operating profit saw a significant increase of 251% to ₦89.3 billion, reflecting strengthened commercial execution and operational efficiency. The company recorded a net profit after tax of ₦41.2 billion, a substantial turnaround from the ₦54.7 billion loss reported in the previous financial year.

Prof. Fabian Ajogwu, SAN, Chairman of the Board, commented on the results, stating, “These audited results reflect the resilience of Guinness Nigeria and the disciplined execution of our strategy during a pivotal period for the company. 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.”

Girish Sharma, Managing Director/CEO, added, “Closing this extended financial year with such a strong performance demonstrates the progress we have made in reshaping our business for sustainable success. 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.”

Guinness Nigeria has committed to disciplined execution, responsible business practices, and delivering sustainable growth. The company’s portfolio includes brands such as Guinness Foreign Extra Stout, Guinness Smooth, Malta Guinness, Orijin Bitters, Dubic Malt, Gordons Pink Berry, Gordons Orange Sunset, Smirnoff Ice, Smirnoff X1 Choco Vodka, and Smirnoff Pineapple Punch.

The company aims “To be one of the best performing, most trusted and respected consumer products companies in Nigeria” and focuses on Advancing Responsible Drinking, Positively impacting Communities, and Environmental Stewardship.