Guinness Nigeria Plc, on thursday reported a significant rebound in earnings for the 12 months ended December 2025, with an earnings per share (EPS) of N7.40, compared to a loss per share of N25.00 in the prior year.
Although, the strong earnings rebound is expected to continue, driven by margin gains, improved efficiency, and the strategic benefits of the Tolaram acquisition.
However, market watchers have cautioned existing and prospective investors that any resumption of foreign exchange instability poses a significant threat to maintaining current performance.
Just as the company strong performance was driven by a mix of operating income growth and currency stability, which improved its financing position.
Commenting on the performance, Prof. Fabian Ajogwu, SAN, Chairman of the Board, said: “This strong turnaround speaks to the quality of leadership, clarity of vision, and strength of governance at Guinness Nigeria. As we mark 75 years of doing business in Nigeria, this performance underscores our long-standing resilience and commitment to value creation. The Board remains confident in the company’s long-term strategy and is committed to sustaining this momentum for our shareholders and stakeholders.”
Revenue went up by 65.8%, driven by significant price adjustments and volume growth across key categories, which includes, Non-Alcoholic Malt, Ready-to-Serve beverages, Stout, and Spirits.
Also during the period under review, export sales surged by 104.2%, though they accounted for just 1.5% of total revenue. The company EBIT and EBITDA margins also improved, driven by strong gross profit growth.
On his part, Girish Sharma, Managing Director/CEO, added: “These results reflect our team’s focus, agility, and deep connection with our consumers. We have set a clear ambition—to be one of the best performing, most trusted, and most respected consumer products companies in Nigeria. That ambition is driving us to build a high-performance organisation with an entrepreneurial spirit. While the external environment remains dynamic, we are building on this momentum with confidence and purpose.”
Further breakdown of the financial results shows that net finance costs declined significantly by 80.3%, supported by a surge in finance income and a decline in finance costs.
Profit before tax dtood at N27.93 billion, a notable recovery from the N73.66 billion loss in the prior year. Despite a higher effective tax rate of 42.0%, net income improved significantly to N16.20 billion, compared to a net loss of N54.75 billion in 2024.
Guinness Nigeria Plc which share price closed at N96.80 kobo at close of trading on thursday July 24, 2025, is the foremost Total Beverage Alcohol 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 & Beers.
Some of its well-known and well-respected 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 Pineapple Punch, amongst others.
With a very clear ambition “To be one of the best performing, most trusted and respected consumer products companies in Nigeria”, Guinness Nigeria delivers on its commitment to sustainability and responsibility through three focus areas: Advancing Responsible Drinking, Positively impacting Communities, and Environmental Stewardship. The company continues to be a champion for responsible drinking and community development.
