Guinness Nigeria reports N41bn profit

Guinness Nigeria Plc has reaffirmed its focus on sustainable growth, operational efficiency, and corporate transparency following a media engagement session held in Lagos.

During the engagement, the company highlighted milestones recorded since the start of its strategic reset initiative, including improved profitability, stronger shareholder returns, and a stronger balance sheet.

Guinness Nigeria Plc reported net sales of N730.8bn for the 18 months ended December 2025 and a net profit of N41.2bn. The company also stated that first-quarter 2026 net profit rose by 47.9 per cent to N10.4bn.

The company added that its share price had appreciated significantly since September 2024, reflecting increased investor confidence and stronger market sentiment.

Speaking during the presentation on behalf of the Managing Director, the Finance and Strategy Director of Guinness Nigeria Plc, Mayank Kabra, said the company’s performance reflected efforts to build a stronger and more flexible business.

“Our transformation journey is anchored on operational excellence, consumer obsession, disciplined financial management, and a winning culture.

We are building a business that is not only resilient, but also capable of delivering sustainable value to consumers, employees, communities, and shareholders,” he said.

Guinness Nigeria also highlighted its governance structure, stating that it was among the first companies certified under the Nigerian Exchange Corporate Governance Rating System.

The company reiterated its commitment to ethical business practices through its Code of Business Conduct and continued participation in the Convention for Business Integrity.

Speaking on governance and social impact initiatives, the Corporate Relations and Legal Director of Guinness Nigeria Plc, Rotimi Odusola, said the company remained committed to responsible business practices and community development.

“Strong governance, ethical conduct, and meaningful community engagement are not peripheral to how we operate; they are central to it. As we continue to grow, we remain intentional about doing business the right way and contributing to the communities that have supported us for over seven decades,” he said.

Odusola said more than 100 students had benefited from the company’s undergraduate scholarship programme since 2019, while its Guinness Eye Centres in Lagos and Onitsha had continued to receive investments in equipment, renovation, and cataract surgeries.

The company also disclosed that investments in learning and development initiatives had improved productivity and strengthened accountability within the organisation.

Guinness Nigeria said it remained focused on innovation, consumer engagement, and building brands capable of sustaining growth in Nigeria’s beverage market.