Guinness Nigeria Plc has reported a remarkable financial turnaround, posting a 144 per cent surge in revenue to N730.8 billion for the period spanning July 1, 2024, to December 31, 2025.
The figure marks a sharp rise from the N299.5 billion recorded in the 12 months ended June 2024, underscoring a strong recovery phase for the beverage giant.
Gross profit climbed by 152 per cent to N230.5 billion, driven by improved productivity and disciplined cost management.
Operating profit also rose significantly by 251 per cent to N89.3 billion, reflecting enhanced commercial execution and operational efficiency.
Notably, the company returned to profitability with a net profit after tax of N41.2 billion, reversing the N54.7 billion loss reported in the previous financial year.
The audited results represent Guinness Nigeria’s first full reporting cycle under the ownership of Tolaram, following the transition in control.
Chairman of the Board, Fabian Ajogwu, described the performance as a testament to the company’s resilience and disciplined strategy execution during a pivotal transition period.
He noted that as the company builds on its 75-year legacy in Nigeria, the Board remains encouraged by the strengthened financial position and sustained momentum.
Chief Executive Officer Girish Sharma said the results demonstrate meaningful progress in repositioning the business for long-term sustainability.
According to him, the company’s sharpened commercial focus and operational discipline have been instrumental in restoring growth and profitability.
He reaffirmed the company’s commitment to responsible business practices and delivering sustainable value to stakeholders in the years ahead.
