Guinness Nigeria Plc has returned to profitability, posting a net profit after tax of ₦41.2 billion for its eighteen-month financial period ended 31 December 2025. The performance marks a strong rebound from the previous financial year’s loss and signals renewed momentum following structural and ownership changes within the company.
The latest audited results cover an extended reporting window following Guinness Nigeria’s transition to a new financial year-end. The period spans from July 1, 2024, to December 31, 2025, representing the company’s first full audited cycle since its acquisition by Tolaram. The reporting period also coincided with the brewer’s 75th anniversary in Nigeria, underscoring a milestone year defined by operational reset and financial recovery.
Brandspur Brand News reports that the brewer recorded a sharp rise in topline performance, with revenue climbing to ₦730.8 billion, compared with ₦299.5 billion in the preceding twelve-month period ended June 2024. Gross profit rose to ₦230.5 billion, driven by productivity gains, pricing actions, and tighter cost controls across operations.
Operating profit also strengthened significantly, reaching ₦89.3 billion, reflecting improved execution across commercial and supply chain functions. The return to profitability represents a turnaround from the ₦54.7 billion loss recorded in the prior financial year, highlighting the impact of operational discipline and strategic realignment under the new ownership structure.
Reacting to the results, Fabian Ajogwu, Chairman of the Board, said the performance demonstrates the company’s resilience during a period of transition. He noted that the improved financial position provides a stronger platform for long-term value creation for shareholders and other stakeholders.
Managing Director and Chief Executive Officer, Girish Sharma, said closing the extended financial year on a positive note reflects progress made in reshaping the business for sustainable growth. According to him, the company is focused on accelerating growth, strengthening its performance culture, and delivering consistent value across its product portfolio in the new financial cycle.
Guinness Nigeria operates as a total beverage alcohol company with a wide range of alcoholic and non-alcoholic brands, including stouts, beers, spirits, malts, and ready-to-drink products. The company says it remains committed to responsible business practices, disciplined execution, and long-term sustainable growth in Nigeria’s highly competitive beverage market.
