Guinness Nigeria Plc has published its unaudited third quarter results, showcasing a significant improvement in its financial performance.

The company’s standalone earnings per share stood at N3.21, a stark contrast to the loss per share of N25.76 recorded in third quarter of 2024.

This remarkable turnaround is attributed to robust topline growth and a notable decline in net finance costs.

However, market watchers noted that despite cost pressures weighing on the 2025 third quarter margins, the results mark a clear turning point for Guinness Nigeria Plc.

Highlights of the result shows revenue surged by 52.3% year on year in, driven by volume growth, effective pricing, and enhanced product offerings.

The company’s gross margin expanded by 967 basis points year on year to 37.6%, supported by strong topline growth outpacing the rise in cost of sales.

EBITDA and EBIT margins improved significantly, rising by 849 basis points and 772 basis points year on year to 22.4% and 15.2%, respectively.

The company reported a profit after tax of N7.03 billion, compared to a loss after tax of N56.42 billion in same period 2024.

Market analyst’s are of the view that the company’s improving operational efficiencies and the gradual crystallization of synergies from the Tolaram acquisition are expected to drive further cost optimization and profitability gains in the period ahead.