Guinness posts N6.7b profit in Q3 FY25

Guinness Nigeria PLC has announced its unaudited financial results for the nine months ended 31 March 2025, delivering a strong performance that reflects the company’s strategic discipline, commercial agility and commitment to long-term value creation.

The business recorded a profit after tax of N6.7 billion – marking a significant recovery from the N61.6 billion loss posted in the prior year.

Revenue for the period surged by 71.6 per cent, rising from N220.3 billion to N377.9 billion, driven by pricing actions, improved portfolio mix and strengthened consumer demand across key categories. Gross profit also grew by 53 per cent to N103.5 billion, supported by proactive supply chain management and continued premiumisation across key brands.

Operating profit increased by 32 per cent, moving from N22.2 billion to N29.2 billion, as the company reaped the benefits of cost optimiSation, productivity enhancements and efficient marketing investments. Despite a high inflationary environment and FX-related pressures, net finance costs were managed effectively, contributing to a N6.7 billion net profit.

Board Chair, Prof. Fabian Ajogwu, said: “This robust performance is a clear reflection of the strategic choices we have made to reposition Guinness Nigeria for long-term resilience and growth. It is a testament to strong leadership, unwavering execution, and the trust of our shareholders, customers and trade partners.”