Guinness Nigeria Plc has announced a significant turnaround in its financial performance, reporting a pretax profit of ₦15.8 billion for the quarter ended September 30, 2025, representing a 315.49% increase compared to ₦3.8 billion recorded in the same period of 2023.
The performance, detailed in the company’s unaudited financial statements, underscores a strong rebound for the brewer following a turbulent year marked by operational headwinds and currency fluctuations. The result also lifts Guinness Nigeria’s 15-month pretax profit to ₦43.7 billion, a remarkable recovery from a ₦73.6 billion loss posted in the previous comparable period.
According to the report, the company’s strong comeback was driven by robust revenue growth, improved operational efficiency, and strategic cost management initiatives implemented over the past year.
Revenue for the three-month period stood at ₦98.06 billion, reflecting a 64.72% year-on-year increase, while total turnover for the 15-month period reached ₦594.6 billion, highlighting a sustained recovery in sales volumes across key product categories.
Industry analysts attribute the company’s improved performance to growing consumer demand, price adjustments, and enhanced distribution efficiency, particularly in its core beer and spirits segments. The brewer has also benefited from improved supply chain stability and easing input cost pressures following currency reforms and energy sector adjustments.
Guinness Nigeria’s management said the results demonstrate the company’s resilience and adaptability amid Nigeria’s challenging macroeconomic environment.
“Our strategic focus on cost optimization, innovation, and market expansion continues to yield positive results,” the company stated. “We remain committed to strengthening our brands, driving sustainable growth, and delivering value to our shareholders.”
The report also noted that the company is continuing its business transformation programme aimed at achieving long-term profitability, including investments in digital distribution, sustainable packaging, and energy-efficient production systems.
Guinness Nigeria Plc, a subsidiary of Diageo Plc, remains one of the leading players in Nigeria’s beverage industry, with a diverse portfolio that includes Guinness Stout, Malta Guinness, Smirnoff Ice, Orijin, and Harp Lager.
The company’s latest results are expected to boost investor confidence as it consolidates its recovery trajectory heading into the final quarter of its extended financial year.
