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Guinness Nigeria Posts N730.8bn Revenue in 18-Month Audited Results

Published

3 months ago

February 19, 2026

Guinness Nigeria 18-month financial results show N730.8bn revenue, N41.2bn net profit and strong turnaround under Tolaram ownership

Guinness Nigeria Plc announced on Wednesday its audited financial results for the 18-month period ended 31 December 2025, posting N730.8 billion in revenue compared to N299.5 billion in the 12 months ended June 2024.

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The reporting period reflects the company’s transition to a new financial year-end of 31 December, extending the previous financial year from 1 July 2024.

It also represents Guinness Nigeria’s first full audited reporting cycle under Tolaram Group ownership.

Revenue rose 144 per cent to N730.8 billion, supported by disciplined cost management and operational efficiency.

Gross profit increased 152 per cent to N230.5 billion, while operating profit surged 251 per cent to N89.3 billion.

The company returned to profitability with a net profit after tax of N41.2 billion, reversing a N54.7 billion loss in the previous financial year.

Commenting on the results, Board Chairman Professor Fabian Ajogwu, SAN, said, “These audited results reflect the resilience of Guinness Nigeria and the disciplined execution of our strategy during a pivotal period for the company. We remain committed to delivering long-term value to our shareholders and stakeholders.”

Managing Director and CEO Girish Sharma 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.”

Guinness Nigeria Plc remains a leading Total Beverage Alcohol company in Nigeria, with a broad portfolio including malts, ready-to-drink beverages, spirits, stout, and beers.