Guinness Nigeria Returns To Profit, Reports ₦16.2bn Net Gain

July 24, 2025

Guinness Nigeria Plc has recorded a strong financial recovery in its unaudited results for the fiscal year ending June 30, 2025, marking a significant turnaround for the beverage giant as it celebrates 75 years of operations in the country.

The company reported a net profit of ₦16.2 billion, a sharp rebound from the ₦54.7 billion loss recorded in the previous year. The return to profitability comes amid a tough economic environment and fierce competition in Nigeria’s consumer goods sector.

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Guinness Nigeria’s revenue soared by 65.8% year-on-year to ₦496.6 billion, up from ₦299.5 billion in 2024. Gross profit also grew by 62.2% to ₦148.3 billion, while operating profit surged 86.6% to ₦47.4 billion.

Company executives attribute the strong performance to disciplined cost management, strategic clarity, and the resilience of its workforce and product portfolio.

“This strong turnaround speaks to the quality of leadership, clarity of vision, and strength of governance at Guinness Nigeria,” said Prof. Fabian Ajogwu, SAN, Chairman of the Board. “As we mark 75 years of doing business in Nigeria, this performance underscores our long-standing resilience and commitment to value creation.”

Managing Director and CEO Girish Sharma noted that the company’s renewed strategic focus and consumer-driven approach were instrumental in driving results. “We have set a clear ambition to be one of the best performing, most trusted, and most respected consumer products companies in Nigeria,” Sharma said. “While the external environment remains dynamic, we are building on this momentum with confidence and purpose.”

READ ALSO: Guinness Nigeria Loses 77.27% Of Revenue To Production Costs 

Founded in 1950, Guinness Nigeria has grown into one of the country’s most recognizable beverage brands, with a broad portfolio that includes both alcoholic and non-alcoholic products such as Guinness Foreign Extra Stout, Malta Guinness, Orijin Bitters, Smirnoff Ice, and Gordons Pink Berry.

The company reaffirmed its long-term commitment to sustainability and social impact, continuing efforts in responsible drinking advocacy, environmental stewardship, and community development.

As it celebrates its 75th anniversary, Guinness Nigeria says it remains focused on delivering long-term, sustainable growth while reinforcing its legacy in Nigeria’s beverage industry.

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Amanze Chinonye is a Staff Correspondent at Prime Business Africa, a rising star in the literary world, weaving captivating stories that transport readers to the vibrant landscapes of Nigeria and the rest of Africa. With a unique voice that blends with the newspaper's tradition and style, Chinonye's writing is a masterful exploration of the human condition, delving into themes of identity, culture, and social justice. Through her words, Chinonye paints vivid portraits of everyday African life, from the bustling markets of Nigeria's Lagos to the quiet villages of South Africa's countryside . With a keen eye for detail and a deep understanding of the complexities of Nigerian society, Chinonye's writing is both a testament to the country's rich cultural heritage and a powerful call to action for a brighter future. As a writer, Chinonye is a true storyteller, using her dexterity to educate, inspire, and uplift readers around the world.

Amanze Chinonye

Amanze Chinonye is a Staff Correspondent at Prime Business Africa, a rising star in the literary world, weaving captivating stories that transport readers to the vibrant landscapes of Nigeria and the rest of Africa. With a unique voice that blends with the newspaper's tradition and style, Chinonye's writing is a masterful exploration of the human condition, delving into themes of identity, culture, and social justice. Through her words, Chinonye paints vivid portraits of everyday African life, from the bustling markets of Nigeria's Lagos to the quiet villages of South Africa's countryside . With a keen eye for detail and a deep understanding of the complexities of Nigerian society, Chinonye's writing is both a testament to the country's rich cultural heritage and a powerful call to action for a brighter future. As a writer, Chinonye is a true storyteller, using her dexterity to educate, inspire, and uplift readers around the world.

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