National Wire About Nigerians, Nigerian Business and Other Stories
Guinness Nigeria Plc has reported a significant rebound in earnings, with a profit per share of NGN7.40 in 12M-25, compared to a loss per share of NGN25.00 in the prior year.
The company’s revenue grew by 65.8% year-on-year, driven by price adjustments and volume growth across key categories. Despite a slight decline in gross margin, EBIT and EBITDA margins improved, driven by strong gross profit growth.
Guinness Nigeria’s profit before tax came in at NGN27.93 billion, a notable recovery from the NGN73.66 billion loss in the prior year. Net income improved significantly to NGN16.20 billion, compared to a net loss of NGN54.75 billion in 12M-24.
The strong performance is expected to be sustained, bolstered by margin gains, improved efficiency, and the strategic benefits of the Tolaram acquisition.
However, any resumption of FX instability poses a potential threat to maintaining current performance. Nigeria Posts Strong Earnings ReboundGuinness Nigeria Posts Strong Earnings Rebound In 12M-25
