Tag Archives: Guinness

Operating profit of N6.6bn, N6.7bn improvement compared to the previous year Marketing investment up 17% to support wider beer and spirits portfolio enabled by productivity savings Debt to equity ratio reduced from 82% to 2% Guinness Nigeria has announced its half year results for the period ended 31st December 2017, with cumulative revenue and gross profit rising to N70.6 billion …

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Guinness Nigerian Plc has proposed a dividend of 64 kobo for the financial year ended June 30, 2017. The corporate action was up by 28.00 percent which is above 50 kobo that was declared same period in 2016. The audited result is coming few days after the company ended its right issue, which the outcome is still been awaited by …

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As key market indicators continue to appreciates, transaction on the floor of Nigerian Stock Exchange (NSE) on Wednesday shows that Guinness Nigeria Plc, that is currently seeking for fresh capital from existing shareholders, through right issue, topped the gainers table for the second trading day. With the current price increases in the share of Guinness Nigeria, it’s obvious that the …

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Guinness Nigeria Plc has recorded a nine-month pre-tax loss of N2.46 billion. The company raked in a revenue of N89.87 billion for nine months ending March 2017 as against N69.62 billion recorded a year ago. It posted a loss of N2.46 billion loss in nine months as against a profit of N1.20 billion a year ago. However, the results detail …

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Shareholders of Guinness Nigeria Plc on Tuesday approved the company’s proposed N40 billion Right Issue aimed at further growing the multinational going concerns. Specifically, at the company’s held Extra-Ordinary General Meeting (EGM), which saw both local and representatives of international shareholders in attendance, other resolutions of the company were passed. Speaking at the meeting, the Chairman Guinness Nigeria Plc, Babatunde …

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Guinness Nigeria explains six per cent increase in revenue Guinness Nigeria has announced 6 per cent increase in   revenue for the first quarter of its financial year ended 30 September 2016. The company attributed the increase partly to contributions from its new mainstream and international premium spirits business “as well as the continuing growth of its value brands”. The financial …

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