February 18, (THEWILL) — After a challenging prior year, Guinness Nigeria Plc has staged a strong financial comeback, posting robust revenue growth and a decisive return to profitability in its audited results for the 18-month period ended 31 December 2025.
The extended reporting cycle covering July 1, 2024 to December 31, 2025 follows the company’s transition to a December year-end and marks its first full audited performance under the ownership of Tolaram Group.
The numbers reflect not only the benefit of a longer reporting window but also improved commercial execution and cost discipline.
Revenue surged to ₦730.8 billion, representing a 144% increase compared to ₦299.5 billion recorded in the previous 12-month financial year ended June 2024.
The topline expansion was matched by stronger margins, as gross profit rose 152% to ₦230.5 billion, underscoring improved pricing strategy and operational efficiency amid a still-volatile macroeconomic environment.
Operating profit climbed sharply to ₦89.3 billion, up 251% year-on-year, highlighting tighter cost controls and better scale efficiencies. Most notably, the brewer delivered a profit after tax of ₦41.2 billion, a significant turnaround from the ₦54.7 billion loss posted in the preceding financial year when foreign exchange pressures and transition costs weighed heavily on earnings.
Chairman Fabian Ajogwu described the performance as a reflection of strategic resilience and disciplined execution, noting that the company has repositioned itself for sustainable long-term growth.
According to him, the results validate management’s focus on strengthening fundamentals while navigating a complex operating landscape.
Managing Director/CEO Girish Sharma emphasized that closing the extended financial year on a strong note signals renewed commercial momentum. He added that the company is entering the new calendar financial cycle with a solid foundation, improved balance sheet health, and a sharpened route-to-market strategy.
The audited results, first reported by Nairametrics, reinforce the brewer’s recovery narrative.
With revenue more than doubling and profitability restored, Guinness Nigeria appears to have regained its footing, positioning itself to consolidate gains in Nigeria’s highly competitive beverage market while focusing on sustainable value creation for shareholders.
Ogochukwu Onwaeze is a writer specializing in business and economic journalism. At THEWILL News Media, she translates market trends, financial developments, and policy shifts into clear and engaging stories.
