GUINNESS Nigeria Plc has announced its unaudited financial results for the nine months ended 31 March 2025, delivering a strong performance that reflects the company’s strategic discipline, commercial agility, and commitment to long-term value creation.
The business recorded a profit after tax of ₦6.7 billion, marking a significant recovery from the ₦61.6 billion loss posted in the prior year.
Revenue for the period surged by 71.6 per cent, rising from ₦220.3 billion to ₦377.9 billion, driven by pricing actions, improved portfolio mix, and strengthened consumer demand across key categories. Gross profit also grew by 53 per cent to ₦103.5 billion, supported by proactive supply chain management and continued premiumisation across key brands.
Operating profit increased by 32 per cent, moving from ₦22.2 billion to ₦29.2 billion, as the company reaped the benefits of cost optimisation, productivity enhancements, and efficient marketing investments. Despite a high inflationary environment and FX-related pressures, net finance costs were managed effectively, contributing to a ₦6.7 billion net profit.
In a statement, the Board Chair, Prof Fabian Ajogwu, commented: “This robust performance clearly reflects the strategic choices we have made to reposition Guinness Nigeria for long-term resilience and growth. It is a testament to strong leadership, unwavering execution, and the trust of our shareholders, customers and trade partners.”
Managing Director, Girish Sharma, added: “We have continued to strengthen our route-to-market, accelerate innovation and embed commercial excellence across the business. These results signal that our strategy is working, that we remain focused on delivering even stronger results in the quarters ahead by staying agile, data-driven and consumer-centric, as we enter into the 75th year of our impactful operations in Nigeria.”
He also said that Guinness Nigeria’s strategic focus remained anchored on sustainable growth, talent development, digital transformation, and deepening stakeholder partnerships.
“With a reinvigorated portfolio and enhanced operational capabilities, the company is well-positioned to build on this momentum into the final quarter of FY25,” he also said.
The statement describes Guinness Nigeria as a foremost Total Beverage Alcohol (TBA) company in Nigeria with a wide portfolio of brands catering to consumers of non-alcohol and alcohol beverages, including malts, ready-to-drinks, spirits, stout and beers.
‘Some of its brands include Guinness Foreign Extra Stout, Guinness Smooth, Malta Guinness, Orijin Bitters, Dubic Malt, Gordons Pink Berry, Gordons Orange Sunset, Smirnoff Ice, Smirnoff X1 Choco Vodka, Smirnoff Pine-apple Punch, amongst others.
“To be one of the best performing, most trusted and respected consumer products companies in Nigeria, Guinness Nigeria delivers on its sustainability and responsibility commitments, which are focused on three areas: promoting positive drinking, championing inclusion and diversity and pioneering grain to glass sustainability. The company continues to be a champion for responsible drinking and community development.”
